Looking at Mondi Ltd and Platinum Technicals
Mondi Ltd:
Failed to break to the topside and has subsequently come off on the back of strengthening Rand. Expecting more downside to the first support level of R324.20 if Rand continues to strengthen.
Source: Bloomberg
Platinum:
Broke down and closed below support level for 2 consecutive sessions. It has reversed back within initial triangle but we are not expecting a breakout to the topside just yet.
Source: Bloomberg
Wishing you a profitable day of trading.
Musa Makoni | Trading Specialist at GT247.com
Follow @Makoni_Henry
Wishing you a profitable day of trading.
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