Sibanye - New lows?Sibanye, look liks only 3 waves pull back For now we favour shorts to target new lowsShortby BambooGrowth7
SibanyeBull flag developing, which if triggered has a measured target of R35.Longby Innocentmaponde117
Sibanye - JSE ShareIn wave 4, resistance at the 38,2% Fib level Should see new lows whilst below R32Shortby BambooGrowth4
Sibanye Stillwater analysismy plan 1.I will Wait for the daily candle to close 2. I will go on the 1h chart and draw a counter trendline break above it would mean buyers are in control 3 .keep risk to a minimum you can also just buy equities break below would mean sellers are in control Longby siya_south223
$JSESSW - D/bottom or b/flag (Hr)JSESSW - similar to JSEHAR, either setup can play out D/bottom 2191 needs to be taken out to confirm B/flag, 1621 needs to breached to confirmby TiggzzPhi5
Sibanye StillWater(SSW) Technical Analysis The aim of this analysis is to determine a clear and defined entry point or buying price for the shares of SSW as the share price declined due to the impact the recent pandemic outbreak has on the global economy and which affects all the sectors and industries in the ecosystem. The upside is that it resulted in most shares losing more of their value which creates more opportunities for investors to buy and hopefully the value recovers over a period of time to enjoy capital appreciations. SSW in the mining sector is no exception to the above-mentioned event. I have identified two possible good buying prices: The first sound buying price will be 1353(R13.53) per share which is represented by the orange horizontal trendline. As indicated on the graph, the trendline once acted as the support from the beginning of 2017 until the end of the year with numerous price tests but it failed to break through, this shows the strong strength of the support. The price finally broke down the support just at the beginning of 2018 of which during the course of the year the previous support was tested twice as the resistance and the price managed to shoot through in 2019 and it became the support once again, so now is due to be tested again. At this point, I suggest one buys partially and then waits for a break-through or a bounce back to buy the rest of the desired shares (to be discussed below) The second possible buying price will depend on what transpires at 1353 support. There are two possibilities that could take place, the first one is that should the price shoot through that will be a great opportunity to even buy at a cheaper price than the first purchase and the second possibility is that the price might fail to break-through so it will bounce back to test the ascending trendline as resistance which has been acting as the support from 20th July 2018 until 19th March 2020 when price managed to shoot through. All of that being said any price between 1600 and 1400 is still a good buying price given the fact that the share price recently reached 4959 in mid-Feb this year(2020).by KingLLD6
$JSESSW - Bear flag formation (Daily)Watching a bearish flag formation in play Wait for a break (3340) for confirmationby TiggzzPhi7
SSW- Pullback giving an entry setup for the SGL fansSSW is undergoing talks of M&A exploration in the gold space, which is perhaps why we saw such a steep sell off lately. Look to go long under R39 with a stop loss at R37. Potential targets are R42.5 and R46.5 for a more aggressive risk/reward setupLongby Taahir_Joosub6