Looking at a short position on SAP untuk JSE:SAP oleh RossLarter

trendanalysis chartpattern indicator sap sappi jse alsi zar southafrica paper

SAP formed a bearish engulfing candle pattern yesterday which could signal a reversal. This seems to be whats happening at the moment.

For the lat couple of months it has been making lower lows quit regularly. If the price breaks through the latest lower low from the 16th of Jan, I will consider entering a short position.

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