technical analysis chart

Technical Breaks, Ideas and Insights – SASOL Ltd

Sasol made a positive break by breaking upwards through the downwards sloping resistance line at R292.00.
Sasol has broken out of a large triangle formation which normally leads to a substantial rally.
The share has also bounced off its medium-term support level at R260.00 and looks set to test the resistance level at R358.00, in our view. This report provides a technical analysis of Sasol Ltd.