Thursday, January 11, 2007
Sasol - more downside to come
Sasol has been following the oil price weaker over the last two weeks, and its chart points to further weakness. My analysis (inspired by Simba, I must mention this!) shows Sasol’s fair value is about R230, at which it is currently trading. Buy when it falls further to around R220 for a rebound. Short-term traders please have stop loss in place.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment