Downward momentum on Sibanye
Updated
SSW is showing signs of downward momentum. The stochastic and MACD has crossed down and the 2 EMA's have crossed. It is also busy breaking through a strong support level at around 5800. If it breaks through convincingly with today's price action, I will consider a short position.Beware of a possible gap close of the gap formed 2 days ago. It may go up and close this gap before continuing downward.
Trade closed: stop reached
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