Sibanye Stillwater-UpdateFull short target of 40 finally reached.
#Alwaystrusttechnicals
*Original idea attached
Trade ideas
A Positive Outlook Sibanye-StillwaterThe statistics are between
$15.00 - $17.70 (1 Year)
It looks like it will get back to the Resistance again of $20 (2027)
If their Gold Projects keep on growing and prices keep rising,
it would be possible to have a break out in the Future (5 - 10 Years)
Sibanye-Stillwater has two advanced gold projects underway in South Africa –
Burnstone, a developmental stage project,
and the Southern Free State (SOFS) project an exploration project.
On 31 December 2021, these projects had a combined gold Mineral Reserve of 2.6Moz
and combined gold resources of 16.0Moz
Disclaimer:
Just my Idea! Find your Trading Ideas and learn and study more!
Sibanye StillwaterAs I'm waiting for a retest of the H&S neckline, can't wait but notice another bearish pattern developing; a 'bear flag'.
If we don't get that retest, a break of that bear flag can be used to 'short' for a move to 40.
*Original idea below.
SSW - Bullish EngulfingJSE:SSW has formed a bullish engulfing candle at a support level. This indicates the possibility of an upward move and I think we potentially see it go all the way to around the 5700 level.
AG Capital -Storm trading Morning Call 10 May 2022We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
Sibanye StillwaterSIBANYE seem to be turning bearish. A bearish Head & Shoulder pattern on the daily chart which can target 40!
AG Capital -Storm trading Morning Call 4 May 2022We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
Sibanye: We are oneThe stock closed the previous trading week with a doji candlestick at the trendline support of the rising channel, in confluence with a minor horizontal support at 54.78. A breakout to the downside will trigger a sell-off. We are awaiting a bullish candle confirmation since we got a reversal candlestick at a key level.
Sibanye: We are oneThe stock closed the previous trading week with a doji candlestick at trendline support, in confluence with a minor horizontal support. The trendline support is the lower boundary of the rising channel. If price breakout to the downside, it will trigger a sell-off. We are awaiting a bullish candle confirmation since we got a reversal candlestick.
SSW - LongThe Stochastic, MACD and EMA's have all crossed upwards on JSE:SSW which are all triggers for a long position. If it continues up today, we will go long.
Sibanye StillwaterFalling wedge pattern developing on the daily chart; watching for an upside break.
*Levels (entry, TP) exclusive to Unum Capital clients.
AG Capital -Storm trading Morning Call 22 March 2022We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
AG Capital -Storm trading Morning Call 18 March 2022We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
SIbanye going long soonThe market did not like UASA union accepting Sibanye-Stillwater wage offer as this could impact the bottom line. There is a strong support on this area and I will be looking to go long.
AG Capital -Storm trading Morning Call 3 March 2022We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
Sibanye Stillwater battles for new highsSBSW hitting resistance after a breakout into a bullish uptrend. Positive technicals and positive fundamentals should provide more upside.
SSW Daily Downtrend Broken?SSW has broken the downtrend on the daily chart which has been intact since mid-April 21.
Possibly might first pull back to close this mornings opening gap at around 5190. Another opening gap is left just below the round figure of 5000.
Looking for long targets of 6000 and 6450.
AG Capital -Storm trading Morning Call 17 February 2022We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
Sibanye StillwaterRounded bottom technical pattern breaking out on the daily chart; should target around 72.
Great Potential for SBSW Platinum like Metals Mining StockSBSW appears to be on the verge of completing a very solid cup & handle pattern if we can break 20$.
Would expect a move up from there followed by a retest and eventual target of 37 for an approx 150% gain. Physical platinum appears to have bottomed at 600$ in 2020 and has broken a long-term trend line currently trading at 1025.
Future in hydrogen full cells also very bullish for platinum
Bearishthis is my personal thoughts.
this is not financially advised and im not a financial advisor.
