UPDATE: Sasol new upside in line to R242.67 target

Since the last major update where we expected Sasol to reach a low of R112.00

Now the price has broken above the downtrend, we are seeing a more optimistic view.

And this is in the light that Brent Crude price is going up nicely along with a weaker US Dollar.

So, I am looking for upside for Sasol to around R242.67 now just to retest the resistance from the previous breakout.