Thursday, 9 February 2017


MNP - Mondi is an international packaging and paper Group, employing 24,400 people in production facilities across 30 countries. In 2013, Mondi had revenues of E6.5 billion and a return on capital employed (ROCE) of 15.3%. The Group’s key operations are located in central Europe, Russia, the Americas and South Africa. More...

This is a very bullish stock, but the trade action is captured in a box of about 21%, consolidating for more than a year in this range. 

More recent trade action displays some clues to break and starting a new trend.

Trade with caution as the markets are very unstable and uncertain.
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