Sasol Trading Plan 18/06/2020
A very disappointing close of the Sasol share price today especially because it held strong throughout the day. Unfortunately when US markets opened we started seeing a slump in the share price. It this point it’s fair to expect a further drop in share price to close this mornings gap, giving us a partial buy in opportunity at R 140 where we can expect a rebound. If we manage to open on a positive we will go back to testing the R151 resistance which has held us back today. Currently at R 143, we are at a decent buy in, I would exercise caution as there is A good chance we might close the gap. Overall still looking positive, R 120 share price still looking unlikely.
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