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Trading Sasol: Worth Noting - Above Average Volume

Writer's picture: Lester DavidsLester Davids

Trade SOL with Unum Capital.

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


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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