Eoin's personal portfolio:
Comment of the Day

December 01 2010

Commentary by Eoin Treacy

Eoin's personal portfolio:

Sasol ADR long initiated

Eoin Treacy's view I have been watching Sasol since reading an insightful report which I posted in Comment of the Day on November 10th. Since then it has pulled back to test the lower side of the two-month range and it now appears to be finding support. Much of the overbought condition relative to the 200-day MA has been unwound and I opened a long in the June contract of the US listed ADR at $45.81 including spread-bet dealing costs of 36¢.

Back to top