SibanyeAfter turning bullish on JSE:SSW , the market decided to give us hands. One badly mismanaged position. At best we could've broke even on this trade. Onto the next one.by Trend_Trader_JSE0
Sibanye Stillwater: Unwind UnderwayThe majority of my research insights are published for clients and occasionally highlighted on this platform. To become a regular recipient of my research, including trade ideas, get in touch with me today for a brief discussion. Follow-up: On 11 January 2023 I flagged this chart, highlighting the downside risk as the share traded at the upper boundary of a rising channel. Inserted is the original image and attached is the original post here on Trading View. by techpers1
Sibanye Still-Water: Bearish WedgeSibanye-Still Water has had successive daily candles showing strong selling pressure around price level of R47. The expectation is for this pressure to culminate in a breaking of the wedge support. The price target where a short position can be closed is the blue trendline with a drop of +/-10%.Shortby runyamhereUpdated 3
SSW LongSSW trading in an upward channel on the daily. 55EMA crossing above 200EMA. Stoch RSI Turning Up TP 1 - top of channel : R54 TP 2 - 1.618 Fib : R58 Stop Loss : R44.70 NFALongby Kevin25350
SSW - Sibanye Stillwater breaking upGlobal Gold shares have started the year on the bang so i thought i'd look at some of the local counters on the JSE. Sibanye Stillwater has carved a lovely rounding bottom since May last year and it finally has broken above the horizontal resistance around the R50 area. This should move to approximately R63 which would be the target of the rounding bottom. You don't want to see it slip below R50 again so the stop could be relatively tightLongby MarcoOlevano3
SSW One of the shares from today's report. Sibanye Stillwater (SSW) | As discussed in Monday’s note, trading at the rising trend line resistance. The 3-day RSI is 92 while the share is extended well above it’s 8/21-EMA range. Also note the share trading at the upper boundary (2x) the 20-day linear regression channel. by techpers3
Greenwashing Can Only Take You So FarSibanye-Stillwater follows a number of broader correlations. Platinum, palladium, gold, gold miners, the SA40. But until now nobody has mentioned that--because of its earnings misses lately-- perhaps the market is pricing in SSW's overextended battery metals M&A strategy. Will they ever make money on their new lithium acquisitions? Is SSW even making money in its catalytic converter recycling segment? It is the largest such company in the world, so it's worth asking. In the short term macro, global electric vehicle production is going to slow; I don't see how SSW will profit from this in the near term. Now to the technicals of my bearish bet. Breakdown from a Rising Wedge has formed into a Head & Shoulders with the second shoulder rejecting back under the 200 Exponential Moving Average after a notable increase in selling volume. Panning out on the longer term, this is a rejection from previous support of the topping structure. I do not believe that this is a breakout from an Inverse H&S nor a base breakout + retest move. I believe SSW has topped and will continue to move lower.Shortby sdeutsch95Updated 110
SSW - 1D - SIBANYESibanye 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.Longby AWPEARCE1112
Sibanye showing upside - Cup and Handle - R55.86 targetCup and handle has formed over the last few months. 7> 21 but Price <200 MA - Almost fully bullish Target R55.86 This goes in line with the Santa CLaus Rally and the rally for resources which are following the JSE... Bullish Bias Longby Timonrosso114
SSW UNDERVALUEDWITH THE RESULTS PRESENTAION BEHIND THEM , CLEARLY A IMPROVED HALF IS AWAITING THE COMPANY AND WITH METTAL PRICES REMAINING STEADY , THERE MUST BE UPSIDE . SSW IS DIVERSDIFIED AND THE BATTRY METALS GROWTH IS INTRESTING Debt Level: SSW has more cash than its total debt. Reducing Debt: SSW's debt to equity ratio has reduced from 124.2% to 23.4% over the past 5 years. Debt Coverage: SSW's debt is well covered by operating cash flow (178.3%). Interest Coverage: SSW's interest payments on its debt are well covered by EBIT (43.8x coverage). SSW is good value based on its Price-To-Earnings Ratio (5.6x ps DO YOUR OWN RESEARCH THIS IS MY VIEW Longby MashithembeUpdated 9
SSW - Rounding bottomSibanye has formed a bullish rounding bottom which, if follows through, targets around the R55 mark. Initially though, first resistance is encountered at R52.09. Alternate scenario could also be a potential cup & handle being formed, which entails a slight pullback before the next leg up. Longby Trad3r_165
Short on SSWJSE:SSW is looking good for a short position based off of our momentum indicators. The stochastic, MACD and two EMA's have all crossed downwards. If triggered, we are looking for a target at around the 3580 level which is a strong support level making the target area a bigger possibility.Shortby RossLarter3
SBSW Looking Amazing and Healthy Great Ticker Looking Healthy Waiting to see if it breaks the $11 Level, if-not i will BUY at the LOWS. Analyst say it will RUN till $13, but I see it running again till the Highs in the Future $20s. So I will GET PAID IN THE RUN UP! Longby TRADERPERFORMANCECOACH2
SIBANYE - Resistance ZoneThe stock has rallied together with the other miners on our market and is now at the top of the broadening formation. A close above R48 could see some further strength towards 200dma and swing high at R52 . Alternatively, below R45.50 we likely fade back towards the rising 20ema. by Trader-Dan2
SSW, change of trend?JSE:SSW is currently trading above the 200MA. We noted other PGMs miners turning around, JSE:AMS was among the first to crack up. Could this be a trend change for TVC:PLATINUM stocks? This move negate all the previous bearish tweets/analysis.Longby Trend_Trader_JSE2
Market Neutral Idea: Buy SSW, Sell IMP - Bank/Take Profit (+7%)This pair trade idea is higher by as much as 7% this morning. Market Neutral Idea: Buy SSW, Sell IMP - Bank/Take Profit. by techpers0
Market Neutral Idea: Buy SSW, Sell IMPMarket Neutral Idea : Buy SSW, Sell IMP Entering a short term value zone (simultaneous appearance of the light blue and dark blue shaded area) + gap closed. Suggested levels: Entry: 0.2007 or around these levels Stop: 0.1945 Target: 0.2160by techpers3
SSW Long ContinuationSSW Possible Change to Trend from Bear to Bull wait for confirmationLongby surecanweight3
Sibanye StillwaterSo we got a break of incline resistance last week, but the advances we capped by the 45 resistance area. From here, we may get a retest of the breakout area (around 40-42) before further upward moves; or we may get further downside.by Innocentmaponde113
Sibanye ONE bullish Gold stock W Formation formed in the 4 hour chart. The Price is above the 200MA and things are looking like buying is taking place. I am Bullish with Sibanye and expect a target of R51.83. Longby Timonrosso337
SSW - MonthlyHow I'm seeing it: I tweeted on this name in December, also referring to the monthly chart. The price has now shifted below the 2016 demand supply zone and toward the mid point of the LT upward trending channel. ST = possible rebound as the share has developed a positive divergence. As always, your time horizon matters most. by techpers5
SIBANYE-S SIBANYE-S has had a tough time in both SA and U.S mining. Sibanye is a great stock it I currently don't know if it's the right time for buying as I feel like the stock might drop too R17 before having a full upward moment by clive528773
SBSW - Potential supply zoneEMA's not looking great. RSI losing momentum. But possible supply zone / Support coming in a strong fundamental company. Longby DenAlmindeligeFar0