Jul. 15 at 10:08 PM
Sidelined!
$SBSW &
$POET structures look broken-no bull setups for now
I’m really not liking the current chart structures here.
Both Sibanye-Stillwater (
$SBSW) and POET Technologies (
$POET) are struggling with ugly technical structures that lack clear buyers stepping in. For now, I will not be sharing any bullish setups on these two names. It’s better to watch from the sidelines than fight a bad trend.
Are you sitting in cash waiting for a clean bottom, or are you actively shorting this weakness?