Sasol Trading Plan - 15/06/2020

Interesting close we had on Friday. Sasol again with a horrible open but able to fight back positively. We have broken through the downtrend resistance and this could be a sign of a trend change. If we open to test R 130, it could mean the down trend is possibly continuing and this will be a good buy in position. breaking Through R 130 will give us another buy in position at 120 which has held very strong during the past week and can confidently expect a rebound. If we open at a positive we can expect to hover around R 144, having a very positive market will push us towards the R 152 resistance which i'm quite positive we can break easily and aim for R 165.