This short update highlights what I call the "Kamala Shakeout" - which is uncertainty and fear driving market trends over the past 48+ hours. Be prepared for a sudden and aggressive move to the inside in metals as uncertainty fades. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin...
Cup and Handle formed on Northam and the momentum is looking good for upside. As many brokers and market maker in SA don't allow trading PLatinum, the only next options we have are platinum stocks. So this one is one that is almost mimicking the precious metal. We are seeing price above 20 and 200MA. And this means it's a High probability analysis... Target R167.75
M Formation is now turning into a W Formation We never had the break down and now it is looking up, along with the platinum price. So we need to adjust course. Now we are waiting for a breakout above the Neckline of the W Formation then the next target will be around R126.27 Nature: High Probability Price>20 Price>200
Platinum analysis is looking great for a (Long) Buy And I am sure many platinum companies will follow with it. Pattern: Cup and Handle - Broken above Falling Wedge - Broken above Entry 1,019 Stop loss 971 Take profit 1,117 NATURE: HPT (High Probability Trade) Price>20 Price>200
Somebody just bought HALF of all of NYSE:JPM 's eligible SET:PLAT platinum!! This thing double bottomed with a slant, this is repeating the same structure. I think price could double for this month, fall down for a couple of months and then start jetting upwards. I'd buy long-dated calls for the long run, and maybe slightly OTM calls for August $8. This stock...
Detected 10-May (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 10-May, however did activate on 15th/16th May. ASX:DEV represents a potential bullish opportunity should momentum continue and newer highs be made. Entry conditions: (i) higher share price above the day of the volume spike (10th...
M Formation is easily turning into a Triple Top Price<20 Price>200 Need to wait for breakout for the confirmation. Then the first target will be at R38.07. It's a bearish outlook for platinum and is a downer for the commodity, but hopefully we get a stock market run up to counter for the drop.
Platinum has reached our beige Target Zone between $995.40 and $1026. Within this range, the price should place the high of beige wave (4) and enter a larger sell-off. If, on the other hand, there is a direct break of the resistance at $1105 (28% likely), we will still see the price in the green wave alt.X.
NYMEX: PL Platinum futures prices forecast T/S : Trend Trading B/S : Buy Entry : 950.00 Target : 2,350.00 (147.37%) Stop : 840.00 (-11.58%) Date : Jun 17, 2024 Note : Resistance 750, 1450, 2250, 4100
M Formation seems to be forming on Implats as well Anglo AMerican PLats. Platinum is showing downside to come and so it will bring down the companies with it. We just need to wait for the breakout to the downside for extra conformation. Price<20 Price>200 Target R53.22
Straight and plain success of our previous Platinum (XPTUSD) signal (April 24, see chart below), where we caught the exact Bullish Megaphone bottom and hit directly our 1060 Target: The price could now enter a consolidation phase, the last accumulation, similar to November 15 - December 15 2022, when after it touched the 1D MA50 (blue trend-line), it rallied...
Triangle Pattern formed in Platinum Future, wait for the Breakout. Because Breakout is the Confirmation market move to the Bullish Trend. And 1st Target price is 1882, 2nd Target price 2763. This is for Long Term Analysis. I want to help people to Make Profit all over the World.
Platinum is entering a seasonal period typically characterized by bearish sentiment, as observed consistently over the past 15 years during this time of year. This historical pattern suggests a tendency for the metal's price to decline during this period. From a technical analysis standpoint, the price is currently retesting the supply area, which coincides with...
Platinum is sitting at a Support Zone which aligns with the PCZ of a Bullish Cypher with RSI and MACD Bullish Divergence all on the Daily Timeframe and looks to be setting up to begin a retrace towards the resistances marked above.
Precious Metals bulls: Platinum may be a sleeper. Gold and Silver strength makes the Platinum setup very juicy. Platinum looks set to break its chains and begin its move to retest the $2200 highs from years ago. Given geo-politics and inflation expectations, the bottom may be in.
With the PLatinum price running up very nicely and setting it's for a rally - JSE PLatinum stocks are looking almost perfect to buy. We have a Cup and Handle with a breakout above and confirmed. We'll need to wait for Monday's Open price to confirm above the Breakout. NATURE: HPT (High Probability Trade) Price>20 Price>200 Target R170.35 Great trade...
Hola Platinum Robbers, This is our master plan to Heist Bearish side of PLATINUM XPTUSD market. kindly please follow the plan i have mentioned in the chart focus on Short entry, New entry traders pls enter only in pullback of smaller timeframe then enter to rob the money. Our target is Green Zone that is High risk Dangerous area Consolidation will happen. Be safe...
Johnson Matthey's latest report on the platinum market reveals an impending supply deficit not seen in a decade, despite some expected declines in vehicle production. The shortfall, exceeding 600,000 ounces, is driven by sustained demand across industries like automotive and industrial applications, particularly in China. Key Points: - **Supply Shortfall**: The...