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Timonrosso
Mar 18, 2024 12:04 PM

UPDATE: Sasol next target is more morbid to R83.96 Short

SASOL LIMITEDJSE

Description

We've held onto the Sasol short and extended the take profit.

Purely based on the bigger picture on a weekly chart.

There's an even larger Inv Cup and Handle.

Price has broken below the Brim level and entered into a Down regression channel. By the looks of it, the price will tank down to R83,96.

The nature of the trade is HIGH probability as the Price<20 Price<200

Target R83.96
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