UnknownUnicorn10152290

Break-out of channel on rising volume. Sky's the limit

Long
LSE:SLP   SYLVANIA PLATINUM LTD CMN SHS USD0.01 (DI)
Sylvania has finally broke out of its channel its been in for all of 2020.

Chronically undervalued stock - history of 60%+ rev growth but with a TTM P/E ratio lower than its much larger competitors such as Impala Platinum.

Expect it to rally this week in the same vein as Tharisa (LON:THS), which rallied 80% in a matter of weeks, before ending the year at 200p+.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.