Stillwater (SWC) is the largest primary producer of platinum group metals outside of South Africa. For Palladium plays, it’s got a clean balance sheet vs. competitors, growing at 30%, above the 50-day MA but watch out as a head and shoulders formation is developing, the right shoulder to be specific. I’d look to short SWC if it can’t break the $15 level.

62%, 50% & 38% Fib levels are at: 12.87, 12.2 and 11.54 respectively. If SWC doesn’t break the end of Feb level, the stock could retrace to any of those levels, and as you can see it has found support at 38% levels, or close to ‘em, since December 2006.