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Loyiso_BlaqueSoros_Mpeta
Apr 9, 2024 1:35 PM

$JSESSW - Sibanye: 1756 Holds + Double Bottom = More Bullishness Long

SIBANYE STILLWATER LTDJSE

Description

See link below for previous analysis.

Sibanye's stock made a strong pullback since the previous analysis and challenged the key 1756 invalidation level. Most importantly, price managed to just hold above 1756 therefore keeping the bullish outlook valid.

The re-test of 1756 has also created a double bottom reversal pattern which adds to my bullish conviction.

1756 remains the key invalidation level.
Comments
Gulzar84
Thank you for your insights
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