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Sasol's Turnaround Momentum Meets the Question of Cash Flow Delivery
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Barchart $12.08 50-Day MA $11.13 10-Day MA $11.76 100-Day MA $12.10 20-Day MA $11.53 200-Day MA $9.95

Key resistance now sits at the recent high near $12.50, while support has built at the 100-day moving average around $12.10. The stock's ability to hold above the $12 level—a psychological and technical threshold—will be critical post-earnings. With the stock trading at the upper end of its recent range and all moving averages in bullish alignment, the technical setup is supportive heading into the August 24 release, though the lack of significant overhead room suggests limited margin for disappointment. A beat-and-raise scenario could propel SSL toward the $13–$13.50 zone, while any miss or cautious guidance could trigger a pullback toward the $11.50–$12.00 support cluster.

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Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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