A while back Sasol was posted as a short entry, however upon meeting stop-loss criteria the trade was no longer in play. The share price has been ranging since then. The bulls will likely throw in the the towel and should let price drift towards the orange circle from where Sasol becomes an attractive entry for a long position, ideally it must find support on the upward slopping trendline. This one is a close watch & will be updated when it meets the parameters for a long position.
Those who are already long must be aware & adjust stop losses not to be trigged or to add to position.
Those who are already long must be aware & adjust stop losses not to be trigged or to add to position.
Comment:
Price approaching the orange zone, now watching closely for a return of buyers & turn upwards.
Comment:
Price within orange zone, now watching for a swing low and open long positions.
Trade closed manually
