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.
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
hey dan, after you recover your account please message me on instagram: @n4z.op
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
hey dan, after you recover your account please message me on instagram: @n4z.op