UPDATE Sibanye Stillwater is about to waterfall down to R16.89

Since the last update, Sibanye is heading to the first target.
We have a long way to go, so you can see the update here.
There has been an Inverse Cup and Handle form on Daily.
This is definitely deemed a medium term trade. But luckily with shorts, we earn interest income.
200>21>7 - Bearish
RSI<50
Target R16.89

ABOUT THE COMPANY

Sibanye Stillwater is a South African mining company that specializes in precious metals mining, particularly gold and platinum group metals (PGMs).

The company was formed in 2013 as a result of a merger between Sibanye Gold and Stillwater Mining Company, an American PGM mining company.

Sibanye Stillwater is headquartered in Johannesburg, South Africa, and has operations both in South Africa and the United States.

The company operates several mines in South Africa, including the Driefontein, Kloof, and Beatrix mines, which are all located in the Witwatersrand Basin.

Sibanye Stillwater's PGM operations in the United States are centered around the Stillwater and East Boulder mines in Montana. These mines are known for their production of palladium and platinum.

Sibanye Stillwater is listed on the Johannesburg Stock Exchange (JSE) in South Africa and also has a secondary listing on the New York Stock Exchange (NYSE).