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Online Share Trading

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SAPPI

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Not applicable
SAP up 14% in two days, no sens out. Anybody any ideas on this fast upward movement?
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6 REPLIES 6
Not applicable
Bounced off long term support. Long term trend still upwards - reckon she got cheap enough to attract the punters back in.
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john_1
Super Contributor
There was research out by SFM upgrading to out perform, fo ronce it seems they were right.
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Pluto
Contributor
There was an upgrade to outperform from one of the brokerages
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Beep_Beep
Super Contributor
i was waiting for a gap with sappi and it came while I was out.Is this a short burst or what!!
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Not applicable
Meeting was held last week tuesday or wednesday. MD Van AS says company will be doing better. Share upgraded to buy by ratings company. If you have a look at the volume traded on thursday, it was a clear message to buy. You can still get in if sappi breaks R110.00 resistance. Don't buy until resistance broken. Iam confident they will rise above this. Golden rule: Whenever a company anounces bad share price it is usually the end of the correction and time to make money. This is the rule with the top40 companies. Another tip Looks like Sasol is about to reverse. Volume traded on 15th and 16th exceeded a billion rands. ( not 100% sure) Enjoy
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Not applicable
See something im passing put not entirely sure but a few days ago, timber pricing and some paper product pricing rocketed 65% in last 2 wks due to some shortage.
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