Timonrosso

UPDATE: Sibanye Medium term short trade still going to R16.89

Short
JSE:SSW   SIBANYE STILLWATER LTD
Sibanye has been on a smooth downtrend since 23 May 2023...

I posted the Inverse cup and Handle which the price broke below the brim.

Then the price made another Inv Cup and handle which broke below that brim.

And now the price is following the downward trajectory line. I'm happy with this type of medium term short trade..

You're earning interest daily while short and it's a great hedge in the gold market.

The target reamins at R16.89.

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