MarcoOlevano

SSW - Sibanye Stillwater breaking up

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JSE:SSW   SIBANYE STILLWATER LTD
Global Gold shares have started the year on the bang so i thought i'd look at some of the local counters on the JSE. Sibanye Stillwater has carved a lovely rounding bottom since May last year and it finally has broken above the horizontal resistance around the R50 area. This should move to approximately R63 which would be the target of the rounding bottom. You don't want to see it slip below R50 again so the stop could be relatively tight

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