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Updated Mondi Limited JSE:MND - technical trade note 21 May 2018

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Update (2) - Mondi Limited (MND) (21/05/2018)

What a roller coaster ride on Mondi Limited (MND) and we have finally reached our first target price of 35605c within market hours. We have seen a lot of movement on the stock and I expect this to continue for some time to come.

How to proceed: (two ways of managing your trade)

  • Take your profit and move on to the next trade
  • Take some profit and move your stop to the entry price of 33749c and manage the trade higher into profit.

Read initial Mondi Trade note HERE

Read 2nd Mondi Update Trade note HERE

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