Sure_Trading

SSW - Upward momentum within a downward channel

Long
JSE:SSW   SIBANYE STILLWATER LTD
JSE:SSW is showing some signs that it might be moving upwards for a bit. This is based on the EMA's crossing and the position of the stochastic and the MACD . It is, however trading in a downward parallel channel , so it might bounce off of the top of the channel and come down again. Bear this in mind when setting targets for this trade.
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