Sasol (SOL) Upwards
TECHNICAL ANALYSIS
1. SOL bounced from a supply/support zone that was created @ end Oct 2020 R71 to R75(marked in yellow.
2. Multiple short & long term BUY opportunity offered as long as price remains above R70
3. Short term = < 12 months
4. Long term is above 12 to 24 months
TRADE IDEA
1. Buy with stop below R70
2. Once in a trade, give it time to develop.
1. SOL bounced from a supply/support zone that was created @ end Oct 2020 R71 to R75(marked in yellow.
2. Multiple short & long term BUY opportunity offered as long as price remains above R70
3. Short term = < 12 months
4. Long term is above 12 to 24 months
TRADE IDEA
1. Buy with stop below R70
2. Once in a trade, give it time to develop.
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