top of page
Writer's pictureLester Davids

Sibanye Stillwater: Long Term Structure Unfolding - Tuesday, 10 September 2024

Real-Time

  • Was 1948c, now lower by 26%

  • The share is nearing a test of the lower boundary of the long term channel

  • The slide below is an extract from my report on 29 July (Active Trading Plan) in which I highlight the weekly chart and the potential for the share to reach it's lower boundary at between 1265 and 1355c.

  • Since then the share is lower by 26%.

  • In the short term, oversold conditions are in place, however the weekly/monthly structure is also in play.



Lester Davids

Analyst: Unum Capital


15 views0 comments

Comentarios


bottom of page