After reaching a low of R256.44 , price printed a reversal and has trailed out the remaining position on the short.
Sasol is back at the key resistance zone around R323 and the 200dma . I will be watching to see how price action develops around here to see whether another short opportunity will present itself or if a breakout occurs.
NB: Stock has been upgraded / punted of late by various analysts.
Sasol is back at the key resistance zone around R323 and the 200dma . I will be watching to see how price action develops around here to see whether another short opportunity will present itself or if a breakout occurs.
NB: Stock has been upgraded / punted of late by various analysts.
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