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Trading Sasol: Running +20%

Writer's picture: Lester DavidsLester Davids

Trade SOL with Unum Capital.

To get started, email lester@unum.co.za


Two chart are shown. Also, scroll down for the original view on Monday 10 February which reflects the manual and automated (time-stamped) reading.


This morning the share traded as high at 9298c, which was +21% from the note. Also in line with the LIVE price action model reading on Monday 10 February morning at 09h21. Scroll down to view the 2x previous posts.




 

Trading Sasol (Monday 10 February): Worth Noting - Above Average Volume


Note added Monday morning (10-Feb) just after the open.


By the close, the following is noted:

  • 3rd highest volume day for volume in the last 18 months.


 

Trading Sasol: Zooming Out (Monday 10 February)


Clients of Unum Capital had access to these premium views which helped to manage risk. The share has since declined from R120 to R76.



Below is the current price action model reading:


Zooming Out: Approaching A Key Level (Weekly Chart):


 

Previous Post: Avoid: Large Cap Weekly Breakdown - Monday, 23 September 2024


PREMIUM POST

Pre-Market


  • Poor, absolute and relative price trend

  • Poor, absolute and relative candle structure

  • Trading below it's declining 200-day EMA

  • Each rally is being sold

  • Avoid until price action improves!



Lester Davids

Analyst: Unum Capital




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