Sappi Limited

$JSESAP - Sappi: Not Yet Convinced It's A Breakout

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See link below for previous analysis

The stock has made a minor breakout from the upper resistance trendline and is currently using it as support.

I am not convinced by this breakout due to:
1-Low volume breakout
2-Weak price momentum after breakout

It's still early days but I will sit on my hands under I get more bullish evidence.

Aviso legal

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