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Trading Sasol: Zooming Out

  • Writer: Lester Davids
    Lester Davids
  • Feb 10
  • 1 min read

Trade SOL with Unum Capital.

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


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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