Anglo American plc is the leader in PMG markets with $10 billion in operating income. A confirmed breakout in ANGPY will likely mean further upside in smaller PMG miners (SBSW, IMPUY).
Also heard they use platinum in missiles and we all know how much we love war now!
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Backtest looks in. let see how long it holds for
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Backtest in now and 5.50 support. If this breaks the wedge will be invalidated.
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Palladium at 2001 support:
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ld make its way up to $7-8 now
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As you can see platinum miners are still plagued by bad news but when it moves it moves fast.
Bought SBSW today after 23% crash for $4.19. Good luck with your trades.
arama-nuggetrouble
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@dRends35, I was beginning to get worried as I havent heard from you in a while. Glad to see all is still good!
dRends35
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@nuggetrouble, Friendly moderation requested a more cooperative tone or none at all.
arama-nuggetrouble
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@dRends35, haha like a plague that never really went away
dRends35
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@nuggetrouble, "Plague" that is making great profits in crypto pumps while not much happens in metals but I thought SBSW was worth a go as it is actually quite deep now and that gap looks nice to pull it back up at some point.
arama-nuggetrouble
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@dRends35, by plague I meant the plague in these platinum stocks.....ANGPY is showing strength may be a better bet. Congrats on the cyrpto pump good call!
dRends35
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@nuggetrouble, Ah I see thanks for the tip. I will like to buy these when they are very oversold but only if they have dynamic price not the drifters . Palladium also I have fib targets just below the current low, that looks good for a big bounce soon