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Home / Support and Resistance / Mondi

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Mondi

A trading opportunity for you?

Will Mondi break rising support, or will it rise again back to 1,850p late July highs? (+14.5%)

  • Trading at 9 month lows (Dec 18)
  • Bounced from 2019 lows last week (+2.9%)
  • Now trading 1,585p (at time of writing)
  • Will the pattern repeat itself, bouncing up again towards 1,850p recent highs? (+14.5%)
  • Shares -18% from 2019 highs; +2.9% off 2019 lows; -4.58% year-to date
  • Source: Bloomberg, FT, Reuters, DJ Newswires

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