Timonrosso

UPDATE: Sibanye Stillwater still in downfall to R16.89

Short
JSE:SSW   SIBANYE STILLWATER LTD
Sibanye has been on free fall since February 2021...

It then formed a large Inverse Cup and Handle which broke below the brim level around R36.00...

Recently it formed a smaller Inv C and H which the price also broke down and out of.

And no matter what happens, the downtrend stays intact.

It still looks like this company is going to drop further to around R16.89.

I'll keep you posted though...

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