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SYLVANIA PLATINUM LTD CMN SHS USD0.01 (DI)
Long
Jan 18, 2021
Break-out of channel on rising volume. Sky's the limit
3
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Sylvania has finally broke out of its channel its been in for all of 2020.
Chronically undervalued stock - history of 60%+ rev growth but with a TTM P/E ratio lower than its much larger competitors such as Impala Platinum.
Expect it to rally this week in the same vein as Tharisa (LON:THS), which rallied 80% in a matter of weeks, before ending the year at 200p+.
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