See link below for previous analysis.
Sasol did not take long to confirm that the down move was not complete.
The bounce from 13226 to 17380 is for wave (iv); the current sell-off is for wave (v) of [c].
The earliest indication that wave (v) is done will be a break above 17380.
It's a bit late to be bearish and at this mature stage of the trend, I am more interested in buying opportunities.
Sasol did not take long to confirm that the down move was not complete.
The bounce from 13226 to 17380 is for wave (iv); the current sell-off is for wave (v) of [c].
The earliest indication that wave (v) is done will be a break above 17380.
It's a bit late to be bearish and at this mature stage of the trend, I am more interested in buying opportunities.
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