$SBSW 20260116 11.0 CALL$ It took a while... in fact, this call option will expire this Friday... If you had followed this trade, you will know that my target price is about $1+ away. That's would complete my cup and handle pattern. However, another target approaches, $20 - to allow me to get this trade done without paying much for it. Of course $22 will make this completely free but $20 is expected to provide some resistance.
Sibanye, slowly but surely, carries the tailwind of rising platinum and palladium prices, not something that should be dismissed. Precious metals group, in the light of increasingly uncertainty as a result of Trump, finally has a chance to shine.
Volatility is expected to increase with the US Presidential preference for instability... Sibanye can act as a leverage play should you also believe precious metals group's current run is here to stay. Whenever profit taking happens, before you know it, another new high has already taken place. Having said that, protect your trades along the way, but ride the wave 🌊 as this is one in a blue moon 🌑 opportunity when you well covered.
@TigerStars @Daily_Discussion @Tiger_comments @CaptainTiger @TigerClub
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