Sasol have experienced a great blow to their share price due to South Africa's lockdown but mostly because of the great decline in Oil Prices. Price have broken a short term trendline. This indicates possible forward upwards movement to follow. The recovery of SOL share price will not happen overnight and therefore it will be a buy and hold position.
Target 1 is in regard with the possible resistance trendline and profits could be taken at R85,00.
Target 2 is in regard of a strong formed support level to turn into possible resistance at R200,00.
Target 3 is in regard of the long term formed resistance trendline (red) at R300,00.
Always use Risk Management . Check out my Telegram channel otforex to receive live signals
Target 1 is in regard with the possible resistance trendline and profits could be taken at R85,00.
Target 2 is in regard of a strong formed support level to turn into possible resistance at R200,00.
Target 3 is in regard of the long term formed resistance trendline (red) at R300,00.
Always use Risk Management . Check out my Telegram channel otforex to receive live signals
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.