zeerotrader

SOL - Long Initiated

Long
JSE:SOL   SASOL LIMITED
Looking at SOL, we may derive the following from the weekly chart:

1. We are at a major support level.

2. Keep in mind the growing bid on wti/crude.

3. I am favouring a move to upside.

4. Stop loss is in a non traded zone (good for limiting risk).

5. As always - risk management.

Let's see what happens.

Note: The views provided herein do not constitute financial advice.

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