AfroTez

Sasol Analysis

JSE:SOL   SASOL LIMITED
As expected, negative outlook on Sasol share price continues as we see Sasol losing 7% today and passing through the R 98 support line and providing an underwhelming rebound just below the support. Its safer to assume the trend will continue although a rebound at this point is possible but not worth the gamble. Im not even considering a partial buy in, considering the opportunity cost of investing in Sasol at this point. If Sasol does reach 80 or even 90 per share, perhaps we can revisit the possibility of buying in depending on the level of trajectory it takes to reach those points.

Comments

Thanks for the analysis, Im waiting for that R70.00 then will consider it....
Reply
Hi risk and expected
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out