Sasol's Impairment Disclosure Already Did the Work Bulls Needed
Barchart·08/28/2026 16:01:09
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Barchart $11.70 50-Day MA $11.11 10-Day MA $11.89 100-Day MA $12.05 20-Day MA $11.59 200-Day MA $10.08
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The 200-day moving average at $10.08 provides a critical support floor, while the 100-day average at $12.05 represents immediate overhead resistance. The recent pullback from the 100-day level and weakening technical opinion suggest the stock may be vulnerable to downside volatility if earnings disappoint, though the longer-term uptrend structure remains intact. Traders should watch whether SSL can reclaim the $12.00 level—aligned with both the 100-day average and analyst price targets—as confirmation of renewed bullish momentum post-earnings.