Sasol (SOL) Upwards
TECHNICAL ANALYSIS
1. SOL bounced from a supply/support zone that was created @ end Oct 2020 R71 to R75(marked in yellow.
2. Multiple short & long term BUY opportunity offered as long as price remains above R70
3. Short term = < 12 months
4. Long term is above 12 to 24 months
TRADE IDEA
1. Buy with stop below R70
2. Once in a trade, give it time to develop.
1. SOL bounced from a supply/support zone that was created @ end Oct 2020 R71 to R75(marked in yellow.
2. Multiple short & long term BUY opportunity offered as long as price remains above R70
3. Short term = < 12 months
4. Long term is above 12 to 24 months
TRADE IDEA
1. Buy with stop below R70
2. Once in a trade, give it time to develop.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.