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Writer's pictureLester Davids

Sappi: Take Profit Into Strength - Tuesday, 10 September 2024

Real-Time: 15h32


Ticker: SAP


  • Approaching Reversal Target

  • Short Term Traders, Bank/Take Profit Into Strength

  • SAP has given traders two opportunities to buy, reaching and rebounding off the buy range on 2x occasions.

  • The move is also in line with the Tactical Trading Guide, which looked for a small rebound from oversold conditions.



 

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Pre-Market: 14 August

Pre-Market


 

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06 August - Real-Time: 16h09


Amidst the short term sell-off, here's what the data says. (Do note, event risk in the form of earnings loom).


Lester Davids

Analyst: Unum Capital

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