AG Capital -Storm trading Morning Call 20 October 2021We 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.03:30by Mike_Ledwidge3
$SSW bouncing off supportAn old channel support line serving as support for the current bounce. Will it hold ? 5800 top of the channel could be a target if it holds.Longby KoosKanmarUpdated 336
SSWSSW 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 fundamental analysis mainly using COT report analysis and overall market conditions such as market structure and Wave analysis. We use Wyatt's pivots on MT4/5 to find market support and resistance zones that's calculated on a yearly, monthly, weekly and daily basis. Overall, our strategy also combines price action. We are not sniper traders, and we trade weekly and monthly swing traders. We don't provide signals but provide a journey to getting funded to make consistent long term returns that are in excess of 3-5% pm. The above analysis incorporates all our trading experience and therefore we only provide entry SL and TP levels. MiWealth in terms of South African law is not a registered financial service company, and thus we do not provide financial advice, all ideas shared on trading view is our view and not necessarily in line with yours therefore you carry your own risk on your trading decisions Longby MiWealth5
SSW Bullish reversal (LONG)On the SSW chart, I noted a Support at 4402 which may mark the end of the regression channel. With reference to Platinum there is a long term trend forming with the latest bounce of the support. P/E ratio at 2.93 Forward P/E ratio 3.78 RSI in the 50's DMI showing some change to the upside (Not financial advice) Please comment with advice/expertise/constructive critisicmLongby John2506115
SSW - 1D - FAITH IN THEIR OWN SHARESAlthough SSW is in a down trend, it is bouncing of a strong support, and at the least i expect a pullback on this down trend if not a reversal. Weekly and daily stochastics are oversold. SSW has also bought back R8 billion of their own shares showing confidence to my mind, and they are also diversifying to Lithium. They are also dirt cheap at a PE of about 3. Longby AWPEARCE14
SSW BreakoutSSW finally looking ready to start recovering, a close today above 4700 and I'm long with a target of 5100.Longby markfair2
AG Capital -Storm trading Morning Call 1 October 2021We 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.04:39by Mike_Ledwidge3
#JSESSW - Reversion to the mean (Long Idea)- Price is presenting a good entry for a relief rally on Sibanye Stillwater - Chart looks to have broken the short-term downtrend and stochastics have turned up SL and TP on the chart -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice. Longby Trader-Dan777
Bullish on SSW - Sibanye10 and 20 EMA crossed the 100EMA, confirmation of bullish breakout. Longby John25062
SIBANYE STILL WATERalot has been happening on this company latley i think it has found a bit of value at the 42/45 rand levelLongby Sbo_Dhlamini225
AG Capital -Storm trading Morning Call 15 September 2021 We 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.04:19by Mike_Ledwidge3
AG Capital -Storm trading Morning Call 14 SeptemberWe 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.04:38by Mike_Ledwidge2
SIBANYE GIVING NEW ENTRY POINTSNew entry point at support level. Great time to top-up on Sibanye at 5576 area. This is probably the dip we've been anticipating. Longby Thapelo_Khubayi5
Bullish on SSWConsolidation period in short term last 2 months due to Production decrease in Motor vehicle industry. Recovery of industry is a given in future. Compared to Platinum price the Support is strong and holding. Strong support at 5443, resistance at 7430 Falling wedge shows that the trend is moving to a point where a change in direction is inevitable. Strong balance sheet, good dividends, no brainer. Longby John2506224
SSWFundamentals Sibanye is highly correlated to the USD, we expect a reversal in the USD to come soon, but the current trend is to the upside and could impact commodities more, So we expect more downside on ZAR, NZD, AUD, CAD. US Holidays are over, and we should see some profit taking and big funds to starts positioning their portfolios for the new seasonality coming up. With rates moving higher in in the USD and some potential risks with Covid looming in emerging markets that would push gold higher, however Platinum is SSW biggest holding on resources. A 40% increase in 4E Platinum group metals (PGM) Mineral Reserves at the SA PGM operations to 39.5M 4Eoz, primarily due to the inclusion of the Marikana K4 project (12.7 M 4Eoz) and the Klipfontein opencast project (0.1M 4Eoz) following detailed feasibility studies. Platinum Platinum futures traded below $1,000 per troy ounce, hovering at levels not seen since last November, amid a downbeat demand outlook, following output cut announcements by major players in the auto industry amid a global semiconductor shortage. Volkswagen stated its plant in Wolfsburg, the world’s largest, planned to restart production with only one shift, while its subsidiary Audi decided to extend the summer break by one week. Earlier, Toyota had already announced the suspension of operations at 14 of its Japanese factories in September. The metal used in catalytic converters had been already under pressure, due to a spike in COVID-19 cases across the globe and as US Fed officials talked of removing stimulus as soon as this year. Platinum is expected to trade at 1030.27 USD/t oz. by the end of this quarter, according to Trading Economics global macro models and analysts’ expectations. Looking forward, we estimate it to trade at 1197.07 in 12 months’ time. Mining Production in South Africa is expected to be -3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts’ expectations. Looking forward, we estimate Mining Production in South Africa to stand at 2.50 in 12 months’ time. In the long-term, the South Africa Mining Production is projected to trend around 2.00 percent in 2022 and 3.00 percent in 2023, according to our econometric models. Exports in South Africa is expected to be 155000.00 ZAR Million by the end of this quarter, according to Trading Economics global macro models and analysts’ expectations. In the long-term, the South Africa Exports is projected to trend around 140000.00 ZAR Million in 2022 and 130000.00 ZAR Million in 2023, according to our econometric models. Technicals the Stock price made a strong bullish impulse on the monthly from 1500, and profit taking occurred at 7650, on the monthly time frame we are now in a Bullish correction and should expect buyers to come back in between 3820-5200 Market Condition on the weekly is bearish on the MACD, So wont be putting looking for buys as yet LONG TERM when Global economy and Supply bottle necks stops and Automotive vehicle production is at full tilt this could be a great buy as they expect demand to increase, at the moment it’s a HOLD/BUY by MiWealth114
SIBANYE STILL WATERTHERES A BULLISH PATTERN CALLED - CUP OR HANDLE THE CHART HAS FORMED THE CUP AND HANDLE, WENT UP AND CURRENTLY TESTING CRITICAL LEVELS ( PREVIOUS HIGHS)Longby Lotti_14111
SSW - Still in a big flag formationSSW is still struggling to get going again. Has tested the low trendline but its struggling to hold above R62. As long as R58 holds the stock can still go back to R65. One to keep an eye on. by JonathanOtero7f4
SSW - Upward momentum within a downward channelJSE: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.Longby RossLarter0
Classic head and Shoulder pattern Neckline breakout on high volume Retest of the neckline on lower volume. Lets see if the 200 day EMA holdsShortby VillageTraderZA442
Sibanye Stillwater-UpdateDouble top technical structure played out well. Now its up to the 200dma to keep the uptrend going.by Innocentmaponde223
SIBANYE-STILLWATER may have a correctionWith falling platin and platinum prices addition to gold and silver, we may see a larger correction here. A price at 11$ is possible in september/october. I waiting for correction... It is possible it will get hold at 15$, but this should only be done Longby smoki99772