AWPEARCE1

SSW - 1D - SIBANYE

Long
JSE:SSW   SIBANYE STILLWATER LTD
Sibanye has broken out of a rounding bottom pattern, and i have already entered the long position. If first target of R52 is reached it will confirm a larger rounding bottom and breakout will target R55 which will be my second target. Word of warning a rising wedge has formed, and a break to the bottom can be used as a stop. I would still hold and wait it out to the upside.

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