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Trader-Dan

JSESAP - Long Idea

Long
SAPPI LTD (JSE:SAP)  
Trader-Dan  
JSE:SAP   SAPPI LTD
Trend Analysis Support and Resistance Pivot Points
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trendanalysis supportandresistance pivotpoints
- Sappi is holding above its 200 day moving average and we could have possibly seen the bottom for now

- Entries closer to R25 will give a more favourable risk/reward

- Stop loss will be below R23 with intial target zone of R35
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