Sasol showing upside to come with two patterns target R228.61 Long

SASOL LIMITEDJSE

Description

⋅ Apr 8, 2024 10:03 AM

There are two potential rising formations to come for Sasol.

Either Rev Cup and Handle or Inv Head and shoulders

We do need the confirmation though for upside to continue to come.

Moving averages yield a Medium Probability setup with
Price>20
Price<200

Oil is also confiriming a short to medium term rally which will help push up the price

Target R228.61

Comments

PatriceB1

⋅ Apr 9, 2024 10:32 AM

Thanks for the chart. It is helpful to me. I am hoping that we get the pullback that you have shown a potential for.