Trade idea on Mondi Limited (MND)
There is a high probability that the price on Mondi Limited (MND) will move higher looking at the inverse head and shoulders pattern setting up on the stock. I am looking to enter the trade at 33749c with first target price of 35605c.
Full trade summary detailed below:
Education: CHARTING PATTERN HACKS
Note: Mondi Limited (MND) will go Ex-Divined the 2nd of May 2018
Source: Bloomberg
Trade Idea: Mondi Limited (MND)
- Entry (Buy): 33749c
- Stop loss: 31367c
- Target price 1: 35605c
- Target price 2: 38000c
ALSO READ OUR "MOVING AVERAGES" TO BRUSH UP ON YOUR TECHNICALS
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