John2506

Bullish on SSW

Long
JSE:SSW   SIBANYE STILLWATER LTD
Consolidation period in short term last 2 months due to Production decrease in Motor vehicle industry. Recovery of industry is a given in future.

Compared to Platinum price the Support is strong and holding.

Strong support at 5443, resistance at 7430

Falling wedge shows that the trend is moving to a point where a change in direction is inevitable.

Strong balance sheet, good dividends, no brainer.

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