SAPPI LTDSatış
SAP
Short term idea published earlier on our client platform.
Entry at current levels (4817c), or on an intraday rebound. Key Technical Drivers: Poor candle structure at horizontal support + MACD below zero with a bearish crossover + 14-day RSI below 45 (nearing a breach of the incline support). Also note the share has struggled to reclaim it's 200-day SMA. Should the aforementioned support level be lost, the unfilled gaps to the downside at 4598c and 4502c are likely to be targets. Time stop: 28 April 2023
TRADING LEVELS:
Entry: 4817
Target: 4380
Stop-loss: 5195
For more research insights including trade ideas, get in touch today.
Entry at current levels (4817c), or on an intraday rebound. Key Technical Drivers: Poor candle structure at horizontal support + MACD below zero with a bearish crossover + 14-day RSI below 45 (nearing a breach of the incline support). Also note the share has struggled to reclaim it's 200-day SMA. Should the aforementioned support level be lost, the unfilled gaps to the downside at 4598c and 4502c are likely to be targets. Time stop: 28 April 2023
TRADING LEVELS:
Entry: 4817
Target: 4380
Stop-loss: 5195
For more research insights including trade ideas, get in touch today.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.