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Loyiso_BlaqueSoros_Mpeta
Nov 9, 2023 12:02 PM

$JSESAP - Sappi Ltd: Forming A Wedge Pattern 

SAPPI LTDJSE

Description

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.
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