$SBSW is surging strongly, pushing up towards the upper resistance level of the ascending wedge. This gap movement indicates that the bullish momentum remains strong, and the confidence of buyers at lower levels has not weakened.

When the price gap approaches a resistance level, it usually puts pressure on the bears. Such breakouts often trigger a chain reaction—once the resistance is broken, it can easily evolve into an accelerated upward move. Short-term traders should pay attention to the performance at this level; a breakout could signal the next wave of gains.