MONDI PLC

Mondi - Bulls still struggling

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We may derive the following from the Daily MNP chart:

1. Price is yet to break through its daily downtrend channel.

2. We are approaching a potential buy zone / support level.

3. Price i.m.o should hold at the buy level.

4. NB: The trend is still down - so be cautious in buying.

5. As always - maintain your risk.

Note: The views provided herein do not constitute financial advice.

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