Timonrosso

UPDATE Sibanye short going nicely target still to R35.77

Short
JSE:SSW   SIBANYE STILLWATER LTD
SSW Update The M formation formed nicely, broke below the neckline.
The price is coming down as the supply increases and the momentum is still down.
7<21<200
RSI<30
Target remains at R35.77

ABOUT

Sibanye-Stillwater (founded in 2013) is a mining company based in Johannesburg, South Africa, that specializes in precious metals extraction.

As a spinoff from Gold Fields Limited, it has since grown to become one of the largest mining companies in South Africa.

Sibanye-Stillwater operates four gold and platinum group metals mines in South Africa, as well as mines in Zimbabwe and the United States.

Sibanye-Stillwater has a workforce of approximately 84,000 people across its operations.

Also. it has interests in platinum recycling and other metals processing.

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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