Mondi Plc: Running +8.8% & Generating Cash. An Opportunity to Lock in Further Gains

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NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes

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Previous Post (17 July - Pre-Market):

(JSE Share: Running +5% Since Alert. Short Term Traders Consider Locking In Gains. Medium Term Traders Consider...

Mondi Plc (MNP) - if you are a short term trader, you could use the rebound to lock in gains however, considering the massive underperformance over several months and years, medium term traders could hold positions for a potentially larger move. Consider using a trailing stop-loss in that case.

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Previous Post (Saturday 04 July, for Monday 07 July): Early Signs of Buying Interest: This JSE Industrial Share Has Been A Serial Underperformer However See Weekly & Monthly Charts

Mondi Plc - Weekly Chart

Mondi Plc - Monthly Chart

Lester Davids

Senior Investment Analyst: Unum Capital