Mondi
Long

mndi

63
-Weekly 26 EMA pointing upwards.
-Weekly MACD fast line crossover just on the 0 line separating the 2 halves of the oscillator.

Long sentiment

snapshot

-Daily return to the consolidation area forming a reverse hnd after the reverse hnd that was already formed during the false breaking of the area.

A big high relative volume bull candle indicates the beginning of a trend.

Defensive play would recommend to enter on the pullback of this initiative move.

Stop Loss below the reverse hnd.

Target on some next reference point.

The position there is indicative.

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