SteynTrade

JSE:SOL Sasol Still looking for a test of R200

Long
JSE:SOL   SASOL LIMITED
We have been following the bounce on Sasol from the selling climax in March. After closing the gap we have seen a pullback on declining volume. This could be a preliminary supply or a buying climax. We will have to wait and see. We are now again looking or the test of the 200 Day MA and test of R200. Once this has occurred we will follow the larger timeframe range that is forming.

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