AfroTez

Sasol Analisys

Short
JSE:SOL   SASOL LIMITED
Sasol is currently in a downtrend and looking more likely to go below R120 support line. It does seem it has stabilized but chances are the slump will continue. There is an overall downtrend as well when we look at Sasols day chart which started since 2018. By 11 November we should know for sure if the overall down trend will continue as by this time the share price should converge with the downtrend resistance.
I think rights offer could also have a very negative impact on the share price if shares are offered at a discount.

Comments

I hope so😁
Reply
price not looking good
Reply
borrie Rekash
@Rekash did you sell your shares atleast.. Luckily sold my @136
Reply
borrie Rekash
At 136 sorry
Reply
Rekash borrie
@borrie, I'm still holding😟
Reply
borrie Rekash
@Rekash, all of the best man.. If you are able to hold for a long time im sure i might be worth it
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