Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Online Share Trading

Engage and learn about markets and trading online

SASOL AT 64900 CPS

Reply
WES
Super Contributor
I just received a technical analysis from OST, saying Sasol could go to 64900cps in the next six months . Am I missing something ? Oil surplus is massive in world. Oil price, as I understand it, will not go over 60 US $ for next 12 months. If oil stays below 60 us $ can Sasol really go back to 64900 cps ? Don't make sense to me.
4 REPLIES 4
Rams
Super Contributor
Thats the beauty of technical analysis...takes away the emotions
Quakedog
Super Contributor
Tech Analysis = Dog POO
SJ
Contributor
takes away emotion or common sense?
Rams
Super Contributor
well , common sense if you trading TA without a stop loss.