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đź’ˇZooming Out: Sasol - Where To Sell or Reduce Long Term Positions

  • Writer: Lester Davids
    Lester Davids
  • Mar 18
  • 1 min read

Research Notes March 2026 > https://www.unum.capital/post/rmar2026

Trade Local & Global Financial Markets with Unum Capital.

To get started, email tradingdesk@unum.co.za


PREMIUM CONTENT


Published Wednesday, 18 March (After Market Close), for Thursday, 19 March.


Thirteen months ago, (February 2025), our research triggered a triple buy reading at R79. Today (Wednesday 18 March), the share reached a high of R212.

This note considers the medium to long term technical outlook for Sasol.


Thirteen (13) months ago, we published a note called: 'Zooming Out: Sasol'. Included in that note was the identification of the key long term support level as well as the Price Action Model that gave us a TRIPLE BUY reading - a rarity on the model.


From this level, we saw the price trade lower, offering the opportunity to accumulate shares, before staging one of the strong multi-year recoveries from below R55 in April 2025 to a high of R212 yesterday. The original note can be found here > https://www.unum.capital/post/sasol-zoom-out



SOL PRICE ACTION MODEL READING on 10-February-2025


SOL WEEKLY Chart on 10-February-2025


This PREMIUM NOTE considers the LONG TERM OUTLOOK for Sasol, which includes the updated momentum analysis as well as the long term chart, with key resistance zones in the event of a medium term overextension.


This note is available to active trading clients (trades placed within the last 10 trading sessions). Here, you get to see what we see. For access, clients can email me directly at lester@unum.co.za


Lester Davids

Senior Investment Analyst: Unum Capital

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