AfroTez

Sasol Analysis

JSE:SOL   SASOL LIMITED
Amazing week for Sasol as it has managed to break allmy resistance lines including the downtrend resistance lines. V - shaped recovery has proven the sub 100 prices where clearly a bargain. Despite negative publicity, shareholder troubles, lake Charles and a horrible balance sheet, Sasol has always demanded respect on the stock market time and time again and this time is no different. When will the rally end? Right now im too afraid to say.
R160 is the next stop at this point. If it can break this, it would be safe to say the downtrend has ended.

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