Marcelle_Nel

ISHS on Sasol?

Long
JSE:SOL   SASOL LIMITED
Seems like Sasol has been forming a very distinct Inverse Shoulder Head Shoulder pattern over the last few weeks. Seems like the neck line has been concretely broken now. Waiting for confirmation. Technical break out target is around R 167. For a more conservative prediction I would place resistance at the top end of the ascending channel first, i.e. at R 165.