Sasol limited [ Good investment?]patterns are said to be the same across all instruments, we are currently seeing a rest before further downside movement. for sasol to rise we need strong bullish moment as oil is taking a hard hit which also affects sasol.Shortby Agink110
SASOL Inverse H&SLooks like Sasol is forming an inverse head and shoulders possibly targeting R140,00 if we see a break above R106,00. Keeping an eye on Oil price. Longby edscommodities113
Sasol in the first buy zoneUpdate on origional sasol idea. Patience pays off. Trade active from R80.Longby Willco95Updated 332
SASOL - Weekly Observation- Sasol has been a very volatile stock to trade and has ended the week at a close just above its 61.8 retracement (last up move) - Bulls need to keep price above this level to prevent continued weakness -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice. by Trader-Dan1
Sasol Analysis Citing my previous Sasol analysis, i stated 90 or 80 could be a potentially good buy in point, and seems i missed that could by around R10 as we saw a massive 11% rebound from around R71 to close off at R84. Il be honest, considering the trajectory it took to reach these prices, I decided to sit this out and spare my heart the trauma. Considering its wild unpredictability, I think taking part will be more of a gamble than a strategic trade. by AfroTez4
Sasol limitedsasol is currently showing bearish dominance, buying out of greed will only result in major loses. wait for the recovery pattern and invest from there.Shortby Agink333
SSL oila slippery slope looking for support. this is another falling knife. wait for confirmation first!Short16:54by mnovo113
Small bear flag, More pressure for the Sasol share. R22 again?Looks like the worst is yet to come for the JSE:SOL share price can it go back to R22 again?Shortby VillageTraderZA1
Sasol Analysis As expected, negative outlook on Sasol share price continues as we see Sasol losing 7% today and passing through the R 98 support line and providing an underwhelming rebound just below the support. Its safer to assume the trend will continue although a rebound at this point is possible but not worth the gamble. Im not even considering a partial buy in, considering the opportunity cost of investing in Sasol at this point. If Sasol does reach 80 or even 90 per share, perhaps we can revisit the possibility of buying in depending on the level of trajectory it takes to reach those points.by AfroTez226
JSE:SOL Sasol - being vaporised into the etherSOL fair value down by 30% since August ... seems credit / debt worries persist. by Angus_Graham332
Sasol - JSE - Analysis October 16 2020This is my first analysis I published on TradingView. I have bought Sasol at multiple levels over the last few months. I entered at R60 and bought a bit more to the top and sold out at 155 keeping the houses money invested. As many have seen and spoken about Sasol fell from a peak in covid of R180 and Showed resistance and support at R150 , Lost Support and Momentum which I believe brought the stock back to the R130 level. Looking at chart analysis there is a simple yet huge divergence on the RSI line also looking at the volume oscillator showing us that it is still being in the same range of buyers vs Sellers. I honestly think the news of them selling 50% of their future cash cow was bad for the market however Sasol trades much more related to the oil price and the USD/ZAR. Taking this all into account along with the break at 2 trendlines I initiated a large position at R104 with stop loss at R89 and Take profit target at R130 (1 Month time span | Good potential for breakout and climbing the ladder to R150 before year end again | R210 1-3 Years Target Longby rudiroelofseUpdated 24247
Not looking good for SasolNot a good sign, resistance broken, might be time to let it go.Shortby TradingMzansi111
SASOL still consolidating Sasol is in a consolidation area. It also broke the bullish uptrend and failed to break the 16 000 mark. Overall, I am brearish till 8 600 level.Shortby FumbaUpdated 113
Sasol AnalisysSasol is currently in a downtrend and looking more likely to go below R120 support line. It does seem it has stabilized but chances are the slump will continue. There is an overall downtrend as well when we look at Sasols day chart which started since 2018. By 11 November we should know for sure if the overall down trend will continue as by this time the share price should converge with the downtrend resistance. I think rights offer could also have a very negative impact on the share price if shares are offered at a discount. Shortby AfroTez662
Downward regression trend. Hopeful recovery over long termThis is my first published idea. The regression line over the past few months shows short bursts of market recovery, opportunity to trade from below trend to above the trend. The downward trend will continue due to uncertainty in the oil market, I am hopeful for a long term recovery. by John2506111
SASOL SIGNIFICANT PRICE LEVEL TO WATCH OUT FOR AS AN INVESTORTHESE ARE SIGNIFICANT PRICE LEVEL TO CONSIDER WHEN BUYING OR SELLING SASOL SHARES.I AM PATIENTLY WAITING FOR PRICE TO VALIDATE THOSE LEVELS THAN I`LL BE ABLE TO MAKE INFORMED DECISION ABOUT MY SASOL HOLDINGS.INVESTING IS FOR LONG TERM PURPOSE UNLESS YOU ARE TRADING SA STOCK ON PLATFORM LIKE GT247.COM OTHER THAN THAT PLATFORM LIKE EASYEQUITIES SHOULD BE CONSIDERED FOR LONG TERM INVESTING PURPOSE.by GhostTraders-GT114
close your eyes and buy SASOL- HE WHO DARES...Major consolidation pattern and now testing the bottom of the range- If you are brave you would close your eyes and buy it now for a move back up to 150.00. With a consolidation pattern like this...just imagine where it will go if it breaks the top of the Channel...R210.00 I sayLongby RobbyP101010
SOL Long continuationSOL Has done well in this market so far my first recommendation to buy was at R36.00 not bad under the severe sell off this stock was hit with awaiting next breakout? Longby surecanweight221
Oil and Sasol I think we can see why I say one have to be careful about the recovery potential of Sasol its actual financial affairs ...we have to look beyond technical .Financials Valuation Market Capitalization 88.858B Enterprise Value/EBITDA (TTM) 5.7933 Total Shares Outstanding (MRQ) 618.398M Number of Employees 31.001K Number of Shareholders 323.151K Price to Revenue Ratio (TTM) 0.4775 Price to Book (FY) 0.5891 Balance Sheet Current Ratio (MRQ) 1.0698 Debt to Equity Ratio (MRQ) 1.3027 Net Debt (MRQ) 172.065B Total Debt (MRQ) 207.449B Total Assets (MRQ) 479.162B Operating Metrics Return on Assets (TTM) -0.1920 Return on Equity (TTM) -0.4869 R eturn on Invested Capital (TTM) -0.2710 Revenue per Employee (TTM) 6.141M Price History Average Volume (10 day) 3.055M 1-Year Beta 4.3466 52 Week High 33.163K 52 Week Low 2.077K Dividends Dividends Paid (FY) -31M Dividends Yield (FY) 0 Dividends per Share (FY) 0 Margins Net Margin (TTM) -0.4786 Gross Margin (TTM) 0.2438 Operating Margin (TTM) 0.1404 Pretax Margin (TTM) -0.6149 Income Statement Basic EPS (FY) -147.4494 Basic EPS (TTM) -144.0628 EPS Diluted (FY) -147.4494 Net Income (FY) -91.109B EBITDA (TTM) 49.306B Gross Profit (MRQ) — Gross Profit (FY) 46.408B Last Year Revenue (FY) 190.367B Total Revenue (FY) 190.367B Free Cash Flow (TTM) -11.345Bby Mashithembe223