Sasol had a solid day clocking up a 5.84% gain on the back of news causing energy fears.
Price close above the down sloping 200day moving average and at its highs which is bullish.
Next level of interest is the swing high at R266.20 and then R275.
Ideally bulls will want to keep it above the 200dma to keep the momentum going or risk a fade to close gap at R250.
Price close above the down sloping 200day moving average and at its highs which is bullish.
Next level of interest is the swing high at R266.20 and then R275.
Ideally bulls will want to keep it above the 200dma to keep the momentum going or risk a fade to close gap at R250.