SASOL LIMITED (SOL) – SECOND TARGET PRICE REACHED
What a trade on Sasol Limited (SOL) and for the traders that kept the trade open it has played out nicely as per my trade update from 27 October on Sasol limited (SOL). The second target price has been reached and you have banked a nice profit.
If you still want to keep the trade running I would suggest moving your stop loss to 40972c which was my target 1 price level so you can manage your risk and lock in those profits.
Possible target price 3 on the horizon
If we look at the chart we can see the next target price will possibly be at 43098c as this is the next resistance line for the price.
Keep a close eye on this one.
Chart Sources – Bloomberg.
Disclaimer: Any opinions, news, research, analyses, prices, or other information contained within this research is provided as general market commentary, and does not constitute investment advice. GT247.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. The content contained within is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
GT247.com: +27 87 940 6101
IT support & help desk: +27 87 940 6107
Client relations (new accounts): +27 87 940 6106
Sales: +27 87 940 6108