SASOL has broken below its 2002 low zone and returned back into it. The unconventional price action and recent bullish momentum suggest possible recovery movements. Keep watch on price behavior around this historical support level.
Support and Resistance Levels:
All-Time Low: At 2,110c
Highlighted Support Zones:
Around 12,000c — 13,000c (Green shaded zone) — This has been tested multiple times, indicating a strong support level.
Around 10,900c(Recent support zone marked as LL) — Recently established support zone.
Highlighted Resistance Zones:
Around 15,700c — 16,000c (Red shaded...
Key Observations:
Support and Resistance Levels:
All-Time Low: Around 5.5000
Highlighted Support Zones:
Around 8.7722 - 9.0948 (Red shaded zone) - This has been tested
Around 11.0000 (Recent support zone marked as HL)
Highlighted Resistance Zones:
Around 12.5000 (Green shaded zone, near HH and All-Time High) - This has been tested
All-Time High and...
**PWL - 19,228.15**
**Range Low = ~19,223 - 19,262**
**1. Inefficiency**: Observed from last week's Thursday candle close to last week's Friday candle open. This inefficiency might indicate potential gaps or areas where price action did not adequately represent market sentiment.
**2. Event**: This inefficiency occurred at a daily fair value gap, leading to a...
