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Good that SBSW moved above the red line last night, which it...

  1. onway8
    436 Posts.
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    10/05/24
    15:36
    Post #: 73767067
    Good that SBSW moved above the red line last night, which it never moved above for the last one year. If it moves and stays above green it would be better, moves and stays above blue confirming uptrend. From EWave point of view, see if the move from 4 to 5.6 is wave 1, if so, it is doing wave 2 between 4.5 to 5.5; moving above 6.5 confirms wave 3 to move a lot higher.

    (blue = 365D EMA, red = 100D EMA, green = 200)


    https://hotcopper.com.au/data/attachments/6161/6161962-afe9be69b3dd05bb72d93ea32100b8fa.jpg
    POD Price at posting: 4.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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