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John2506
Oct 8, 2021 11:37 AM

SSW Bullish reversal (LONG) Long

JSE:SSW1D
SIBANYE STILLWATER LTDJSE

Description

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On the SSW chart, I noted a Support at 4402 which may mark the end of the regression channel.

With reference to Platinum there is a long term trend forming with the latest bounce of the support.

P/E ratio at 2.93
Forward P/E ratio 3.78

RSI in the 50's
DMI showing some change to the upside

(Not financial advice)

Please comment with advice/expertise/constructive critisicm
Trend AnalysisTechnical IndicatorsFundamental AnalysisSSWsibaye
Comments
John2506
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Sorry folks, the top Pane is the Platinum chart and is essential in the analyis. Unfortunatly the graph won't show but for illistration purposes I wanted to show the change in direction of Platinum and that SSW reflects this trend.

Also bear in mind that SSW also mines other precious metals which may have a significant impact on EBIT compared to other Platinum mines.
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