Trade Sibanye Stillwater with Unum Capital.
To get started, email lester@unum.co.za
Currently higher by 13% (ungeared) from the recent model buy reading. Discussed here: Sibanye Stillwater: Right Reading, Right Time
Current Model Reading:
Update: On Friday, Sibanye Stillwater reached a 5-week high of 1775c. The move is in line with the model reading shown below the chart.
The model reading below is as of the close of trade on Friday 10 January (as part of previous post below).
Previous Post (Sunday 12 January): Trading Sibanye Stillwater. Here's What You Need To Know.
Q: What is the 7-Day Trend for Sibanye Stillwater (SSW)?
A: The 7-Day Trend is Strong.
Q: What is the 14-Day Trend for SSW?
A: The 14-Day Trend is attempting a bullish reversal following a rangebound consolidation phase.
Q: What is the Short-Term Price Action Reading for SSW (1 to 10 Trading Days)?
A: The short-term price action reading is attempting a bullish reversal following a consolidation phase.
Q: What is the Medium-Term Price Action Reading for SSW (2 to 4 Weeks)?
A: The medium-term price action reading is attempting a rebound following a downward trend. This may consolidate further before continuing higher.
Q: What is the Long-Term Price Action Reading for SSW (5 to 8 Weeks)?
A: The long-term price action reading is range-bound in a weak regime. Recovery buy/long is triggered on strong bids and break of current range high.
Overall, the model suggests that SSW is currently in a bullish phase. The short-term and medium-term trends are both attempting to reverse upward, while the long-term trend is consolidating.
Related Post: Sibanye Stillwater: Right Reading, Right Time
Lester Davids
Analyst: Unum Capital
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