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Fell Below 200 Day Moving Average appears for SBSW after 3.51% move
On Wednesday, August 26th, SBSW moved down 3.51% while volume was to 0.8× the usual levels. The session formed a Fell Below 200 DMA, often signaling a possible continuation. Key support levels exist at 11.97, 11.86 & 11.65, with resistance at 12.3, 12.51 & 12.62. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of SBSW: B
Just a sneak peek — check SwingTradeBot.com for the full story on SBSW.
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