Sasol has continued its strong selloff, going well below the support zone of my previous analysis.
Price action is giving better Elliott Wave context.
I am looking at the bear market from 43860 as a zigzag with the bounce from 13226 for wave (iv) of [c]. The zigzag is well contained in a falling channel and a clear break out off this channel will give conviction that the bear is over.
I will maintain a bearish stance until we get five waves down for wave [c] and/or a break out off the channel.