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RossLarter

Channel on SAPPI

Long
SAPPI LTD (JSE:SAP)  
RossLarter  
JSE:SAP   SAPPI LTD
Parallel Channel Support and Resistance jse ALSI southafrica ZAR sappi
5
0
parallelchannel supportandresistance jse alsi southafrica zar sappi
SAP has been trading in a downward channel for quite a while and has reached the bottom of the channel and seems to be bouncing off. We can expect a short upward move towards the top of the channel. This is also being confirmed by the stochastic.
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