Looks like Sasol might test trendline

Test of that bottom trendline will be crucial.

Disclaimer: The views provided herein do not constitute financial advice.
Please feel free to comment, critique or add to my view, I welcome feedback, whether it agrees with my views or not.
This idea is based on my strategy, please consider your own before using it in any way. Always use a stop-loss and manage risk.


We probably going to see more downside if they don't report on sale of assets soon.. only like alternative would be a rights issue which is highly likely if OIL demand declines.
I'm anticipating a drop to at least 100, but waiting for a bigger drop
@nazzeem, not with you. The only reason for the drop is the one month delay on a project ..should not justify a 100 drop ..cannot see that . time will tell
+3 Reply
waseemyadam williamhenry
@williamhenry, I agree with you, infact 120 doesn't make sense as well
Short or Long sasol?
Any idea when SOL will bounce back up.
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