See link below for previous analysis.
Sappi has found the going tough since peaking at 6348, shedding over 40% of its value.
This bear trend looks to be forming a falling wedge pattern.
Price is still contained within this pattern so I will sit on my hands until we get a clear breakout, hopefully on higher than average volume.
Sappi has found the going tough since peaking at 6348, shedding over 40% of its value.
This bear trend looks to be forming a falling wedge pattern.
Price is still contained within this pattern so I will sit on my hands until we get a clear breakout, hopefully on higher than average volume.