Sibanye showing upside - Cup and Handle - R55.86 target Long

SIBANYE STILLWATER LTDJSE

Description

⋅ Dec 8, 2022 12:11 PM

Cup and handle has formed over the last few months.
7> 21 but Price <200 MA - Almost fully bullish
Target R55.86
This goes in line with the Santa CLaus Rally and the rally for resources which are following the JSE...
Bullish Bias

Comments

Triangle231

⋅ Dec 8, 2022 12:37 PM

good chart