Relatively new to technical analysis and trying my hand at using Fibonacci retracement and moving support and resistance lines.
My feeling is Redefine is going through a bit of a correction and probably will find support near to the 3.40 mark. If the drop continues then we could find support again around the 3.19 mark.
If it simply just profit takers from the...
This is my first technical analysis attempt using what I have learnt so far.
Please do not be too harsh, feedback always appreciated.
Feel pretty positive on Sasol, have been for the past year since March last year. Made some good money and now trying to be more calculated in my trades.
Disclaimer: Not financial advice, just personal opinion on the stock.
