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.
SSW trade ideas
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.
Pairs Trade Update: +13.8% On Long SSW/Short IMP Over 3 WeeksPreviously, I suggested closing the idea for a decent ultra short term gain. As you'll note on the daily chart, the pair (Long SSW/Short IMP) kept running to trade just below the 0.26 ratio target price.
Original idea and updates attached.
At Friday's high, the gain was +13.8% over 3 1/2 weeks.
A pair's purpose is meant to be two-fold:
1. Hedge - taking both long (buy) and short (sell) positions to potentially minimize downside risk.
2. Generate alpha with minimal market risk/exposurei.e. taking no market or index-level directional bet.
Currently, I'm looking at possible pair trading opportunities for our client base for the upcoming week and beyond. For more real-time insights and trade ideas or if you're considering am alternative trading service provider, get in touch today.
Sibanye-Stillwater has broken out of consolidation $SBSW is looking to enter its next leg up, as it has broken its downtrend on the recent Rhodium strength.
JSE:SSWA LT view here. Price has tested SR at 4600level and moved higher but needs to break the downtrend and close above the red trendline to continue bullish price action. Looking for a close >5700 for a long pos. There has been a recent MACD bullish cross on the weekly chart if you use indicators. Watching the stock here. As always manage your risk
AG Capital -Storm trading Morning Call 13 January 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.
Further Update: SSW/IMPMARKET NEUTRAL STRATEGIES: Satisfactory outcome on this market neutral/pair idea published on 27-December. The idea was to be LONG Sibanye Stillwater vs SHORT Impala Platinum. By this yesterday's close (11-Jan), we saw a net return of +6.3%.
Both the original idea and close are attached.
For more market neutral data and ideas, get in touch today.
Sibanye Stillwater's monthly log chartA close above the annotated lines would be the "noise reduced" buy signal.
Pair Idea: SSW /IMP +3.4% Ungeared Over 10 Days. Take ProfitPair Idea: SSW /IMP +3.4% Ungeared Over 10 Days. Would be taking some profits here.
For more market neutral strategies, get in touch today.
Original Idea attached.
