The 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...
SBSW hitting resistance after a breakout into a bullish uptrend. Positive technicals and positive fundamentals should provide more upside.
$SBSW is looking to enter its next leg up, as it has broken its downtrend on the recent Rhodium strength.
SSW made a fake out of the descending channel buying came in at 460, now a pullback back to 512 region will provide nice opportunity to go long @Miwealth, we make use of a wide arrange of strategies tools and reports to predict market movement, we are in nature attempting to trade the impulsive moves or larger correction in price, we therefore make use of...
10 and 20 EMA crossed the 100EMA, confirmation of bullish breakout.
JSE:SSW is showing some signs that it might be moving upwards for a bit. This is based on the EMA's crossing and the position of the stochastic and the MACD. It is, however trading in a downward parallel channel, so it might bounce off of the top of the channel and come down again. Bear this in mind when setting targets for this trade.
JSE:SSW is busy forming a Bullish Flag pattern. With the breakout of the the "flag" this morning, if it trades higher tomorrow, we could be looking at a nice upward move as high as the length of the "flagpole".
JSE:SSW is looking promising for a long position if confirmed with price action.
Sibanye, look liks only 3 waves pull back For now we favour shorts to target new lows
In wave 4, resistance at the 38,2% Fib level Should see new lows whilst below R32
JSE:SGL is trading in quite a strong upward parallel channel. If it fails to break through the bottom, we can expect that it will head upwards towards the top of the channel.
Analysis per request: The performance of this stock is beautiful (technically speaking). It's clearly bullish but a little difficult to find an entry point currently. The stock still needs time to form a new base from which it can continue further up. Simply watch the lower 'monthly' PSAR break for a quick consolidation and it will be ready. It has the potential...
JSE:SGL has formed a bearish double top. It is still quite a distance a way from confirming the signal, but let's keep an eye on it for when it does confirm the short position.
Think the chart says it all - a very important level of support here on the jse gold miners index. Also a 61.8 retracement of Nov/Dec low & Feb High. Perhaps a very decent area to accumulate gold miners once more. Ties in nicely with gold spot price breaking out its wedge #Bullish - #anglogold #sibanyegold #harmonygold #goldfields
Here we had a bearish trending channel which just got broken out and re-tested, now the market is going bullish towards the 2715 zone and if it breaks above that key support level, it should be heading to 3820 where sellers will then flock in.
SBGL seems at the beginning of a wave down after the previous 3 waves correction. Risk/reward ratio 1:3,55.
Sibanye saw a decent downward direction and is now sitting at it's trendline. Their new Palladium fields could bring them back to business. R/R is eminently good Enjoy the trade