Sasol seems to be forming a bullish bat, should find support in the R48-R50 area.
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A break below R73 would have confirmed the formation of a bullish bat, but with the brent crude climbing up, we will therefore see sasol play out the channel to the upside.
Upside for Sasol, brent crude climbing higher, weak ZAR to the USD, economy opening up on Monday, demand thus increasing. Hope a partner can be found for LCCP
UnknownUnicorn7709067
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@JPHEYNS, Yes thanks for the heads up, i see it play out the channel and move to R105+ region.
JPHEYNS
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@NATE_ZA, Possibility to fill the entire gap if everything goes well.