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SAPPI LTD
Long

SAP - Long Idea

By JonathanOtero7f
Updated
SAP made a bullish reversal candle last week at a point of support (R23). Long idea will trigger if we get a break above last week highs of R24.62. Stop loss below R22.50 with 1st target at R26 and then on trail stop loss of previous week's lows.
Trade active
Trade has triggered went R24.62 was breached. Stop loss will be below R23.
Trade active
Trade is still active although it had a week close on Friday stop loss below R23 is still active.
Trade active
Trade is still active but its not looking great. A close below R22.50 will trigger a stop loss.
Trade active
Idea is still active although it's not going anywhere at the moment.
Trade closed manually
Candlestick Analysissappi

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