Sasol Trade Plan 07/07/2020

Sasol successfully rebounds just under 144 as per previous analysis. This also confirms the downtrend line resistance tested for the 4th time now(Marked on the red zones). If we break it at open we will be approaching R151 again but it will take a lot to get. Opening at a negative we have a minor support line at R 136 and if we have a fair day on the JSE there’s a good chance this will hold.
OilsasolSOLSupport and ResistanceTrend AnalysisTrend Lines

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