Timonrosso

Sasol is continuing to tank further to R225.43

Short
JSE:SOL   SASOL LIMITED
Bear Rectangle is forming on Sasol as it previous did a few months ago. There are bearish signals as the downtrend is continuing.
The 200 > 21 >7 MA which once the price breaks below R277.95 we will have our next target at R225.43.
This confirms with the ongoing drop in oil price...

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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