JonathanOtero7f

SOL - Potential Bull flag

Long
JSE:SOL   SASOL LIMITED
SOL is showing some signs of support at R220 making 2 bullish pin bars in a row but struggling to close above R225. Should it manage to do that and move above R228 the long idea is on with 1st target at R240 and full target at R260. A close below R215 is the stop loss.
Trade active
Trade active:
1st target was reached on the same, while it has started to give a pullback. A retest of the flag could be a re-entry with a stop loss a close below R215.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.