hedgefun

Pattern Repetition in Sasol $SOL

JSE:SOL   SASOL LIMITED
JSE:SOL
Just for interests sake, the pattern which followed the March crash seems to be repeating itself. If it completes, there would be the repeat of the X leg still to come. But would surely need a catalyst, and right now that is not the oil price, maybe that changes next week. Otherwise, the last part pattern, the harmonic could just play out and go down to around R135
Comment: If it clears and closes above R154, it could carry on with momentum, or retest 154 before going up. Resistance at R180, if it clears, then ↭R245 is end of X leg.
Previously the X leg was a gap fill
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