SASOL LIMITED
Short

SASOL - Short Idea

323
Following up on the previous observation, it was important for bulls to defend the R322 level and this has since broken.

I will be looking for opportunities to short while price remains below the 50 day moving average which has since formed a "death cross"

Stoploss = Daily close above R335

Target will be the next swing lows around R230 and then measured move of the head &shoulders pattern .

-- MANAGE YOUR RISK - -

Disclaimer: All ideas are my opinion and should not be taken as financial advice.



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