649bruno
Long

Bottoming Triangle In Stillwater Mining: Upside Break Continues

NYSE:SWC   STILLWATER MNG CO
33 0 4
SWC-has formed a "Bottom Triangle" chart pattern and has broken out to the upside.
SWC-is part of XME-and many of the components in-XME have bullish breakout patterns.

The two trend-lines of-SWC converged at the end of June and resulted in an upside breakout.

The projection is for prices to rise to $18.25 - $19.00 over the next 90 days. This calculation is based on previous chart activity and existing harmonic wave patterns.
The phase energy is strong, and many other momentum indicators confirm the upside move. Don.

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