MONDI PLCUpdated Mondi PLC- 3rd attempt...
Making its 3rd attempt at that resistance levels now means that the next move will tell us what to do. A failure to get through R340.00 will signal a strong short for some decent downside. Obviously a convincing push higher will trigger a brand new buy signal. Just be aware that you may have to navigate their upcoming earnings...I'm not sure that I ant to be long into that right now...
Trade closed: target reached
As predicted, Earnings were kaka. we've taken a massive profit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.