$JSESSW - Sibanye: 1756 Holds + Double Bottom = More Bullishness
See link below for previous analysis.
Sibanye's stock made a strong pullback since the previous analysis and challenged the key 1756 invalidation level. Most importantly, price managed to just hold above 1756 therefore keeping the bullish outlook valid.
The re-test of 1756 has also created a double bottom reversal pattern which adds to my bullish conviction.
1756 remains the key invalidation level.
Sibanye's stock made a strong pullback since the previous analysis and challenged the key 1756 invalidation level. Most importantly, price managed to just hold above 1756 therefore keeping the bullish outlook valid.
The re-test of 1756 has also created a double bottom reversal pattern which adds to my bullish conviction.
1756 remains the key invalidation level.
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