Timonrosso

TARGET HIT on Sibanye at R35.77 what now?

Short
JSE:SSW   SIBANYE STILLWATER LTD
Our target price after a few weeks hit at R35.77.
We are still seeing a strong downtrend a long with the RSI<50 and price <200.
Precious metals aren't showing strong upside to come with the strengthening US Dollar as well as the fear of rising interest rates.
I'm steering clear for now.

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