Sasol Limited

$JSESOL - Sasol: 5301 cps The Key Level To Watch

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Trade summary:

The major correction from 43860 cps has seen the share price decline by 87.91%.
The decline traced out a zigzag pattern and has potentially bottomed at 5301 cps, which is the key invalidation level.
The bounce from 5301 can be labelled as a five-wave advance when looked at in the daily timeframe.
Any retracement must hold above 5301 cps for the bullish outlook to remain valid.

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