Source_Sailor

SASOL's kiss goodbye on its downward journey to R186 -> R71

Short
JSE:SOL   SASOL LIMITED
JSESOL has been testing the neckline of its broken Head and Shoulders with a bearish flag as also analysed and published by @Source_Sailor on 18th August 2023.

Last week closed strongly bearish as a signal that the avalanche is gaining momentum.

Targets to look for to the downside are R186 and then more or less a waterfall to R71 past R122.

Short term pullback trends may be found as the instrument tries to seek support.

Overall sentiments on SASOL: Bearish

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