Looking for the price to drop further to R104 level, then we're likely to see another rise given the channel projection. If price does rebound from this level I spot a good BUY opportunity for the month to close around R210 level. If price break the R104 level to the downside we're likely to see a drop as low as R80 with developing news.
Sasol Draws Multiple Bids for Stake in US Chemical site ; Are we going to see anticipated rise soon ? These are positive news for the entity.