SSW

6 thg 3

Part of my note for tomorrow: SSW Sibanye Stillwater was not included in yesterday’s (published) Tactical Trading Guide as it was not one of the largest 40 in terms of market capitalization. It did however appear on the technical summary as ‘high bearish momentum/approaching oversold’. In terms of the Tactical Trading Guide (my raw/sorted data), I noticed that yesterday’s pre-market reading (Tuesday end of day) stated the following for the short term (1 to 10 days) time frame: ““Reward-to-risk becoming attractive for a small buy/long position”. Yesterday we saw the share being bought up(at the previous swing lows to end the day with a +4.5% gain. From a price momentum perspective, there is lot’s of work/repair to be done however, the candle structure is encouraging and may be the start of the development of a technical base. Yesterday's short term reading (1 to 10 days) is as follows: "Attempting a rebound following a downward trend. May stabilize (consolidate) further before continuing higher."