SAP weekly chart looking ominous

SAPPI LTDJSE

Description

⋅ Jan 16, 2019 9:21 AM

Double top forming on the weekly. Need to wait for Friday's candle to see if the R73.50 support line holds. Should that fail, it then triggers a short and we could potentially see the R45 region being tested in the weeks to follow.

Trade active

⋅ Jan 23, 2019 9:07 AM

Short

Chart Patterns jse