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Your Morning Market Podcast 02 June 2017

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In this mornings report Sasol & Mondi

Good Morning,

Below we look at the charts of Sasol & Mondi discussed in this mornings podcast.

Sasol

Broke down below its short-term support, first target is R366.70. Weakness in brent crude prices should support more downside.

Sasol Chart.gif

 

Mondi

Came off slightly due to the firmer Rand, expecting further weakness down to the bottom of our channel if Rand remains firm.

Mondi LTD Chart.gif

 

 

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Musa Makoni | Trading Specialist at GT247.com

Wishing you a profitable day of trading.

 
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