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RossLarter

SASOL - Upward Channel Holding

Long
SASOL LIMITED (JSE:SOL)  
RossLarter  
JSE:SOL   SASOL LIMITED
Trend Analysis Parallel Channel jse ALSI ZAR southafrica sasol
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trendanalysis parallelchannel jse alsi zar southafrica sasol
SOL has been trading in an upward parallel channel since October 2020.It has made numerous unsuccessful attempts to break out of the trend since then but the upward channel has held. With the break of the previous highs last week, I think we can continue to see an upward rise in the price all the way to the resistance level at around 28000
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