SASOL LIMITED

Sasol Analysis

393
Sasol currently at the tip of a formed triangle. Respecting the uptrend line and struggling to go beyond the R 140.00 resistance. As it’s currently resting on the uptrend support line at R 138, by end of Monday we should have a clear direction weather it will hold or break. There is a decent chance the trend my stay horizontal throughout the week depending on market conditions. Again at this point it would be safer waiting for a dip before jumping on.

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