Marcelle_Nel

New short-term targets for Sasol following previous trend line?

Long
JSE:SOL   SASOL LIMITED
Given the recent perfect performance for Sasol, given the news that lock-down regulations have been found unconstitutional, given the strengthening rand and steady oil prices, is this the perfect mix to take Sasol further? Only time will tell :)
Comment: Hey everyone. Thanks for all the support. Super psyched that Sasol more than outperformed the prediction. A fair warning to all. This may be short-lived. Some out there may be pushing up the price due to FOMO. Do not be fooled. This type of massive rally in a day is not sustainable. I am expecting a rather large 30% or so drawback in the next week as people take profits from this week's massive moves.