Sibanye stillwater approaching support trendline We can see SSW approaching an up trendline that has supported the market multiple times in the past. For entry I will wait for the market to test the trendling and close above it, I will wait for bullish confirmation pattern to enter Longby siya_south1
SIBANYE - Long IDEAAs mentioned in the post before, a cooling off period after the strong run up was to be expected. Price has pulled back to the 20 day moving average and bulls would ideally like to see the R39.60- R38.80 levels hold. Failure here will likely see R37.00 tested again . Stops can be placed under R37 to target the above resistance zone (R45) and possibly for a cup and handle pattern to evolve which will target a lot higher. Longby Trader-Dan223
SSW: speculative short-term tradeThis is the 4-hourly chart. It will appear that a rounding bottom pattern is developing. The price action is busy with a pull-back. A pullback refers to a temporary reversal of the prevailing trend in the price of a share. Will place a stop-loss at 3950. The target price is set at 4650. A rounding bottom pattern can sometimes develop into a cup and saucer pattern. The cup and saucer pattern is a bullish continuation pattern that resembles a cup and saucer, with a rounded bottom followed by a small downward price move (currently busy with this), then a flat consolidation, and finally a breakout to the upside. Longby Peet_Serfontein2
SIBANYE - UpdateAfter the recent post where i highlighted that JSESSW was building up energy and ready for a new leg, the break came explosively yesterday with a +11.1% move up through the 200dma. Price is now into a resistance zone (R42.60-R44.50 where bulls will likely need to regain their breath. A 'gap' fill is also at R43.43 I will continue to monitor how the price action develops here to see if this move will be sustained and have enough momentum to target the next swing high around R50.Longby Trader-Dan222
ssw will dumpits a long till 4500 then after it a huge short till rest of the yearShortby kagisomoela443
Sibanye Stillwater - Held up wellSSW held onto blue TL support (36-38 range) and is now looking like it wants break from this consolidation. Would like to see a move higher from here with an initial target of 45. Stop loss is a close below 34. Longby Trad3r_162
Sibanye Stillwater - LongPotentially a long opportunity coming up on $JSE:SSW. The stochastic and the MACD both signaled this earlier on, but the EMA's have now crossed which confirms the trade. We are looking for a target at around the 4800 level.Longby RossLarter2
$JSESSW - Sibanye Stillwater: Potential Double Bottom ReversalCommodities, especially the stocks of diversified miners, have a tendency of having complex price patterns. SSW is no exception and it was a challenge coming up with the best labelling of this chart. The large structure I am looking at is an expanding flat labelled wave (A) to (C). In an expanding flat, wave (B) makes a new high relative to the previous top. Wave (C) has unfolded as an extended impulse. It is too early to say a low is in at 3542 but if it is in, we could have a double bottom looking at where wave 5 of (C) terminated relative to wave 3 of (C). Any longs opened should use 3542 as a stop-loss level. by Loyiso_BlaqueSoros_Mpeta333
SIBANYE - Sink or Swim?- Price is in a consolidation (range) and building energy for the next leg. Will it be UP or DOWN? 🤔 Watching lower timeframes for breakout clues.by Trader-Dan445
Sibanye- Is this a death cross?... Not much to say about this chart except... R30.00. If the death cross plays out. We could very well see that level before they release earnings and what happens after that, well...That's anybody's guess.Shortby RobbyP1
$SBSW: Sibanye looks strong here, low risk reversalInteresting play to join the trend in metals. Sibanye Stillwater Limited is a company that mines and recycles precious metals like gold, platinum, palladium, and rhodium in different countries. It also has projects to find more metals like lithium, copper, and cobalt. It started in 2013 and is based in South Africa. $SBSW shows signs of a reversal of the recent bearish trend, could move big if it kick starts a bullish trend here. Risk is a drop under the consolidation area, upside is open ended if it behaves as per the arrows on chart. Best of luck! Cheers, Ivan Labrie.Longby IvanLabrie3
TARGET HIT on Sibanye at R35.77 what now?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. Shortby Timonrosso113
Sibanye StillwaterCurrently oversold on lower timeframes which may suggest a short-term bounce into the 40 area; but this weekly chart suggest medium-long term weakness. I have a medium term target of 25 on it!by Innocentmaponde112
SIBANYE - Bear flag ??The stock has been under severe pressure giving up almost 20% for the month of February. The monthly picture like a potential bear flag, bulls will want to defend the swing lows to stem any further downward momentum.by Trader-Dan3
UPDATE Sibanye short going nicely target still to R35.77SSW Update The M formation formed nicely, broke below the neckline. The price is coming down as the supply increases and the momentum is still down. 7<21<200 RSI<30 Target remains at R35.77 ABOUT Sibanye-Stillwater (founded in 2013) is a mining company based in Johannesburg, South Africa, that specializes in precious metals extraction. As a spinoff from Gold Fields Limited, it has since grown to become one of the largest mining companies in South Africa. Sibanye-Stillwater operates four gold and platinum group metals mines in South Africa, as well as mines in Zimbabwe and the United States. Sibanye-Stillwater has a workforce of approximately 84,000 people across its operations. Also. it has interests in platinum recycling and other metals processing.Shortby Timonrosso0
SSW - Approaching supportSibanye, like all platinum stocks has also been hard hit. Stock is approaching blue TL support (around 37) where I would expect some decent support. Should it fail to hold and possibly overshoot, the low 30's look like a great are to accumulate. Stop loss below 30. Longby Trad3r_163
Sibanye- 3 Key levels broken!I have pointed out the key levels which indicate a strong sell signal for this stock. Firstly, we have the breach of the 50 day moving average which was the first sign of weakness followed by the break of horizontal support (2). The most significant of all is break below the 200 day moving average which is the foremost sign of price weakness. It is starting to feel like the market is anticipating disappointing earnings on the 28th Feb, so I think you can target a short move to 40.50 for a quick profit. It could go lower but that would be a tidy enough profit. Shortby RobbyPUpdated 1
SibanyeAfter turning bullish on JSE:SSW , the market decided to give us hands. One badly mismanaged position. At best we could've broke even on this trade. Onto the next one.by Trend_Trader_JSE0
Sibanye Stillwater: Unwind UnderwayThe majority of my research insights are published for clients and occasionally highlighted on this platform. To become a regular recipient of my research, including trade ideas, get in touch with me today for a brief discussion. Follow-up: On 11 January 2023 I flagged this chart, highlighting the downside risk as the share traded at the upper boundary of a rising channel. Inserted is the original image and attached is the original post here on Trading View. by techpers1
Sibanye Still-Water: Bearish WedgeSibanye-Still Water has had successive daily candles showing strong selling pressure around price level of R47. The expectation is for this pressure to culminate in a breaking of the wedge support. The price target where a short position can be closed is the blue trendline with a drop of +/-10%.Shortby runyamhereUpdated 3
SSW LongSSW trading in an upward channel on the daily. 55EMA crossing above 200EMA. Stoch RSI Turning Up TP 1 - top of channel : R54 TP 2 - 1.618 Fib : R58 Stop Loss : R44.70 NFALongby Kevin25350
SSW - Sibanye Stillwater breaking upGlobal Gold shares have started the year on the bang so i thought i'd look at some of the local counters on the JSE. Sibanye Stillwater has carved a lovely rounding bottom since May last year and it finally has broken above the horizontal resistance around the R50 area. This should move to approximately R63 which would be the target of the rounding bottom. You don't want to see it slip below R50 again so the stop could be relatively tightLongby MarcoOlevano3
SSW One of the shares from today's report. Sibanye Stillwater (SSW) | As discussed in Monday’s note, trading at the rising trend line resistance. The 3-day RSI is 92 while the share is extended well above it’s 8/21-EMA range. Also note the share trading at the upper boundary (2x) the 20-day linear regression channel. by techpers3