Sibanye showing upside - Cup and Handle - R55.86 target

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SIBANYE STILLWATER LTD (JSE:SSW)

JSE:SSW SIBANYE STILLWATER LTD

trendanalysis chartpattern fundamental sibanye sibanyestillwater ssw jse southafrica

Cup 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

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Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)