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Online Share Trading

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sappi

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Mangrove
Occasional Contributor
Morning all! Any idea what caused this huge drop with Sappi? Other than huge end of trading sale?
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5 REPLIES 5
Nick_1
Frequent Contributor
HAve a look at STDBnk daily technical report of a few days ago. Showed Sappi breaking down through support into a big void. With nothing to support it is merely dropping down to the next support level.
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Asher
Regular Contributor
like the way you say "merely"
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Not applicable
think oil price might be a factor
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Nick_1
Frequent Contributor
Ja, jeez, shoulda been "merrily"!
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faure
Frequent Contributor
I posted a thread about this yesterday and I think something funny is going on. This is definetly a share to watch, especially now that resources are going to take the lead.
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