W Formation formed on Mondi. We then had a comfortable retracement back to the neckline where the price tested and showed strong demand and buying. Now it's waiting for the JSE ALSI to push up before we have the next upleg. 7>21 - Bullish Price<200 - Bearish RSI>50 - Bullish Target remains at R330.00
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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