UPDATE: Sibanye is all but gold right now :( More downside

Since the last update, Sibanye formed a major Inverse Cup and Handle.

The price broke below and has been coming down.

Just to make matter worse, another M formation formed in the interim, confirming it's strength to the downside.

200>21>7 - Bearish
RSI<50
Target remains at R16.89

Problem is most market makers don't even offer short CFDs and a script to follow this market, so we can only watch the analysis play out.