Lester_Davids

Amplats: Now +R138 (or +8.9%), PGM Stocks Trying To Recover

JSE:AMS   ANGLO AMERICAN PLAT LTD
AMS is now +R138 (or +8.9%) from our most recent Buy/Long call 8 days ago (22-June), see related.

The share has reclaimed line 1_2 and line A_B, which was part of our 2-tier view. For now, it looks like it wants to continue going, possibly to that R1725 area. Trail your stop.

Overall, the sector has been trying to base and in some cases is trying to move out of tight ranges (for e.g. SSW ).