IvanLabrie

$SBSW: Sibanye looks strong here, low risk reversal

Long
NYSE:SBSW   D/B/A Sibanye-Stillwater Limited
Interesting play to join the trend in metals. Sibanye Stillwater Limited is a company that mines and recycles precious metals like gold, platinum, palladium, and rhodium in different countries. It also has projects to find more metals like lithium, copper, and cobalt. It started in 2013 and is based in South Africa.
$SBSW shows signs of a reversal of the recent bearish trend, could move big if it kick starts a bullish trend here. Risk is a drop under the consolidation area, upside is open ended if it behaves as per the arrows on chart.
Best of luck!

Cheers,

Ivan Labrie.

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