See link below for previous analysis.
Sappi has found the going tough since peaking at 6348, shedding over 40% of its value.
This bear trend looks to be forming a falling wedge pattern.
Price is still contained within this pattern so I will sit on my hands until we get a clear breakout, hopefully on higher than average volume.
Sappi has found the going tough since peaking at 6348, shedding over 40% of its value.
This bear trend looks to be forming a falling wedge pattern.
Price is still contained within this pattern so I will sit on my hands until we get a clear breakout, hopefully on higher than average volume.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.