AfroTez

Sasol Analysis

JSE:SOL   SASOL LIMITED
Almost like nothing happened, Sasol share price continues to March upward as a new uptrend line has formed. We do see that it briefly dived back below the downtrend line only to rebound at 120 and break the down trend resistance again. And close of at R134. One thing is certain about Sasol, and that is that the dips are very profitable, I will be looking to capitalize on this on the next dip and hopefully a R 140 resistance can create this dip. For now i will stand by and watch like a predator ready to pounce.

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