Timonrosso

UPDATE: Sasol hit the target at R184.50 _WAIT!

JSE:SOL   SASOL LIMITED
Rising Flag formed on Sasol, the price broke below.

And it was all downside from there.

We saw the price tank way past our target of R184.52 and then some.

Now I'm getting a lot of requests to what we should do.

Well personally I'm just waiting.

We need to be patient to wait for another consolidation and breakout. Just as every other market.

Trading needs patience. And a lot of it to spot the HIGH probability trades.

That helps get the excitement and emotions removed from the analyses...

The stock market doesn't have emotions, neither should we.

Calculated risks and rewards. It's all an auction of probabilities.

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Penafian

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