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LD_Perspectives
Sep 21, 2020 6:48 AM

SSW Bull Bear View 

SIBANYE STILLWATER LTDJSE

Description

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.
Comments
nexuscoach
be interested to have your view on SSW now, Lester?
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