TradingView
Peet_Serfontein
Sep 4, 2023 10:43 AM

SAP: break major resistance? Long

SAPPI LTDJSE

Description

A price action above 4000 supports a bullish trend direction.
Starting to counter-test some major resistance (now support).
The target price is set at 4400.
The stop-loss price is set at 3900.
It will appear that the 200-week acted as some major support.
Remains a risky trade.
Comments
Mihai_Iacob
Interesting analysis buddy, I like your work
More