Sibanye bouncing of support - buyers stepping in

٢٥ مايو ٢٠٢٠

SSW hit resistance last Wednesday and retracted back to the bottom of the channel. This morning it hit support and the 50 day EMA held. Currently it seems buyers are stepping in. Perhaps the start of the next rally to the top of channel. One to keep an eye on.

Disclaimer: My analysis should not be construed as financial advise. Share trading is risky and unpredictable at best. I'm just sharing what I see.