Sasol Analysis
As predicted Sasol took a bit of a breather possibly due to the slowing oil prices as well.
If we are going by the pattern(which is what we used for the prediction on the last analysis) its only a matter of time before the share price pops. Positively hopefully. Vaccine roll out is looking very good in popular first world countries and this could expedite the global economy returning to normal and thus increase demand for oil, driving up the oil price and in-turn increasing Sasols share price. Currently we are in a decent point to buy in. Chances are as the global economy returns we could see a positive impact in the energy sector.
If we are going by the pattern(which is what we used for the prediction on the last analysis) its only a matter of time before the share price pops. Positively hopefully. Vaccine roll out is looking very good in popular first world countries and this could expedite the global economy returning to normal and thus increase demand for oil, driving up the oil price and in-turn increasing Sasols share price. Currently we are in a decent point to buy in. Chances are as the global economy returns we could see a positive impact in the energy sector.
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