Cup and Handle coming up!

Sasol Ltd.NYSE

Description

⋅ Jun 12, 2020 11:17 AM

Nothing much to say here.
We just heard the scare from the so-called "second" corona wave, and the count of oil barrels in surplus was the greater trigger for this cup.

Gl & hF

Trend Analysis

Comments

Nocturnidae

⋅ Jun 16, 2020 1:06 AM

it looks like we're creating a very short and shallow handle. But it still retraced 35% of the height of the of cup, right? Very bullish.