SAPPI LTD SAP

Peet_Serfontein Premium

A bullish trend is applicable above 4240. Crossing below this level will negate the trade idea. Remains above its 200-day simple moving average. Upside price momentum supports the bullish trend direction. RSL leaves enough room for further upside price potential. The recent gap was filled and the price action might continue a normal price behaviour. Testing major...

Sbo_Dhlamini Pro+

SAPPI breaking out of the bull structure a move higher is imminent at any point

Hugostock Pro+

Big move in SAPPI today. Would like to see a close above 5438 and target of 7180

03:36

mikeledwidge Pro+

We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.

LD_Perspectives

Sappi. If you follow my research you'll recall I had the name as a portfolio idea in Q3 2021 at 3700c. For short to medium term traders, it's pulling back in an upward trend. View and preferred entry on chart. For more real-time insights and trade ideas, get in touch today.

AcolyteTrader

Looking at SAP here and price is breaking higher above this ascending triangle. A long pos can be initiated when price closes >4800. Tread carefully when taking long positions as the LT trend is currently down and priceis just below the EMA200 onthe weekly chart. As always manage your risk

VillageTraderZA Premium

The stock makes a relative high close after holding the 50 & 200 day EMAs. In a good buy spot

Peet_Serfontein Premium

Testing its 200-day simple moving average. Downside price momentum supports the bearish trend. Below 4700 supports a bearish trend. RSI leaves enough room for further downside price potential.

T2TWELL Premium

Sappi breaks out of a 6 month downward channel and has retested and supported the R45.00 level reward to risk 2:1 *Disclaimer* - ideas shared in the above is for educational purposes only and IS NOT trading or financial advice.

LD_Perspectives

Long term levels matter. In this case, 3700c was key for Sappi, which, if you extended your lookback period, was a long term buy zone. On 12 September, I published a client report titled: "Technical Insights & Perspectives: 25 Key Charts". In fact, the report was public as I posted it to my Twitter and LinkedIn account on that same Sunday afternoon. The thesis...

Loftey

Long-term Investment Idea Long-term Investment Idea

03:29

mikeledwidge Pro+

We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.

Peet_Serfontein Premium

Upside price momentum supports the bullish trend direction. A price action above 3800 favour the bullish trend. RSI leaves enough room for further upside price potential. The black arrows indicate a potential repetitive price action. MACD bullish crossover is also applicable.

Hugostock Pro+

After the initial break of the 4260 level, SAPPI is back at a point of interest, the 50% upper median parallel of the pitchfork since the March 2020 lows. Just below, we have the the 50MDA & 200MDA. I would like to see this holds for bullish conviction, but there are lower support levels for possible entries, the 38.2% retrace (3913) and 50% retrace (3449)....

VillageTraderZA Premium

The stock found some support at the 50 day EMA. If the stock can break the R45.23 resistance would confirm the double bottom. I will raise my stop loss around R40.40.

Hugostock Pro+

SAPPI is currently holding the 38.2% retracement off the highs as resistance. Looking for a break of 4260 to go long, or a drop back to 3721, (or 3495). Target 5100

AWPEARCE1

I Am in the red down almost 3% with this stock. Still holding. Sappi been hit by Civil unrest in South Africa, more specifically Kwa zulu Natal. Might be a double bottom on daily chart, which could see the price go to about 52.00 should it play out. Will play the waiting game.

00:52

mikeledwidge Pro+

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