18.03.2014 - The stock price of Stillwater Mining Company was not able to continue the growth

The stock price of Stillwater Mining Company again reached the level of resistance, which is the same as the nearest local maximum at about 19.00. In case of breaking through this level the price may continue to grow inside the rising channel. Reduction and fixation the price below 18.00 will complete the formation of a "double top", which indicates a trend reversal. In such case, we recommend to open short positions with the targets of 16,50 and 15,10. We expect a signal for opening positions.

Stillwater Mining Company Statistics

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.