- Sasol has pulled back from a R438 swing high and had an initial test of the blue 50 day moving average.
- Bulls will need to defend the R390 zone to keep the trend intact
:Possible scenarios i'm looking for:
1) A consolidation here before attempting to push higher continuing the trend
2) A failure at R390 for a deeper pullback towards R350
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
- Bulls will need to defend the R390 zone to keep the trend intact
:Possible scenarios i'm looking for:
1) A consolidation here before attempting to push higher continuing the trend
2) A failure at R390 for a deeper pullback towards R350
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
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.
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.