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UPDATE: Sasol next target is more morbid to R83.96
SASOL LIMITED
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UPDATE: Sasol next target is more morbid to R83.96
由Timonrosso提供
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2024年3月18日
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2024年3月18日
We've held onto the Sasol short and extended the take profit.
Purely based on the bigger picture on a weekly chart.
There's an even larger Inv Cup and Handle.
Price has broken below the Brim level and entered into a Down regression channel. By the looks of it, the price will tank down to R83,96.
The nature of the trade is HIGH probability as the Price<20 Price<200
Target R83.96
Chart Patterns
Fundamental Analysis
jsesol
Oil
oilprice
sasol
SOL
Trend Analysis
Timonrosso
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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