UPDATE: Sasol next target is more morbid to R83.96
We've held onto the Sasol short and extended the take profit.
Purely based on the bigger picture on a weekly chart.
There's an even larger Inv Cup and Handle.
Price has broken below the Brim level and entered into a Down regression channel. By the looks of it, the price will tank down to R83,96.
The nature of the trade is HIGH probability as the Price<20 Price<200
Target R83.96
Purely based on the bigger picture on a weekly chart.
There's an even larger Inv Cup and Handle.
Price has broken below the Brim level and entered into a Down regression channel. By the looks of it, the price will tank down to R83,96.
The nature of the trade is HIGH probability as the Price<20 Price<200
Target R83.96
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.