Sibanye giving us another go to befriend this trend as it continues to be supported by an ascending trendline established since the Covid-19market crash in 2020. Break of trendline will invalidate share momentum and trend.
Thank you for analysis. May and June normally weaker seasonality period than July to September.
It could pull back over short term .Buying opportunity.
Taahir_Joosub
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@Thinus5422, I agree, definitely a buying opportunity on weakness. With Palladium pushing $3000, trading way to cheap on a forward P/E basis. Looking forward to the Q1 update this week
It could pull back over short term .Buying opportunity.