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$JSEAMS - Anglo Platinum: Is A Bottom In At 79400?

Long
JSE:AMS   ANGLO AMERICAN PLAT LTD
The last update on Anglo Platinum was on 22.06.2023, link below.

The stock has traded as forecasted and wave 5 of (C) could be complete at 79400.
What is further encouraging is the MACD/price convergence between wave 3 and 5.

It is still early days but above 79400 I will remain bullish until the market proves me wrong.
Comment:
79400 has been invalidated, an updated count will be shares soon.
Using Fibonacci extension guidelines, where wave (C) = (0.702 to 0.886)*wave (A) gives us a price range of 68452 to 39625.

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