JSE:SSW   SIBANYE STILLWATER LTD
An index re-balancing and/or an exclusion from the GDXJ is seen to be the reason for SSW's recent decline which was accompanied with above average volume.

Bull Approach: Buy at the nearest swing support between 46.95-47.60.

Bear Approach: The 7 and 14-RSI continues to trend lower, suggesting weakness. Sell on a rebound into the 8/21-EMA at ~52.45-53.00.

This chart forms part of a larger research report and should not be viewed as a recommendation to buy/sell.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.