SASOL

[janne]

After a long lull, it seems SOL is poised for a run. ALL indicators and the indexes are bullish. Check it out and tell me what do you think!

[jack12]

SAB not SOL or SOL not SAB? SOL is in a tight range 29900 - 29950 as it is at resistance, needs a close above 300 and target is 315 a close around 299 sideways building momentum anything less will see 291 again. IMO

[janne]

Thanks, jack. Sorry, pushed the wrong button...am talking SASOL ok. Looking at the Price by Volume chart one could interpret it differently, resistance being more towards 296.90, which we passed now. On nyse it has risen by 1.4 and 2.5 percent in the past 2 days.

[jack12]

broke 300 at 10am and is still in a tight range 30020 and 30070. Feel consolidating for a surge late pm

[SKALA]

Also looking to get back into SOL; just not pulling back below 285 as I wanted. Maybe lose some steam with USA closed Thurs/Fri. Will see what it does on Fri closing time.

[jack12]

been in a 4week channel 288 to 303. dont thnk we will see the 285 or 274 s for a while, this is the 3rd attempt at 300