Sasol Limited (50% gain in sight)

Sasol Limited (50% gain in sight)

#Sasol #equity #trading

Sasol limited is, in my opinion, in an upwards trend. We should see a rotation from high growth stocks into neglected sectors like energy.

#JSE #investing

If this materializes then Sasol is set to be a beneficiary from this. Investors will push the price higher because they will be chasing yield in an environment that is overvalued.

As the global economy continues to recover and re-open, this should support the demand for oil and keep the prices elevated.

Let me know what you think in the comments section.

You can check out the full analysis below:
https://www.tradingview.com/chart/SOL/XElupV8l-Sasol-uptrend/

SasolLimitedsight)

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