LD_Perspectives

Mondi Plc - E-Commerce Play

Long
JSE:MNP   MONDI PLC
Current: R397.47

Toward the 3rd week of April I highlighted the share in a research report, suggesting that it's also a great e-commerce play. As you can see, I previously highlighted the potential price path, which is shows the continued consolidation. The 395-397 level is being breached but we need to hold above the highs to maintain the bullish stance. Temporary failure below R390. Target Range: 414 - 418.
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