Sibanye Stillwater Limited
Long
Aktualisiert

SSW Long Term Long Position

1 185
The South African JSE stock has been gradually degrading for the past 3-4 years. It has reached support level 1633 ZAC which was last tapped in 2020. There is a possibility that it might drop even lower but we are in the mid trough or end of its depressing stage of its cycle before recovery commences . Overall SSW is a good pick for long term investing.
Anmerkung
Capitalization on current position is probable if Platinum archives and bounces back from low of ~= $1021.00 - ceteris paribus.
Trade ist aktiv
Added an additional long position on the current level (2750 ZAC).
Anmerkung
Disposed off all holdings in the share, with anticipation of re-entry at 2900 ZAC.

Note: This is a very aggressive speculation considering the recent good performance of the company.

Haftungsausschluss

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