week 2 trade PGMentry at current price
target via chart +10%
very tight stop loss on this one
personal use only
0.013AUD
−7.97 MAUD
467.92 M
About PLATINA RESOURCES LIMITED
Sector
Industry
CEO
Corey Nolan
Website
Headquarters
Mount Hawthorn
Founded
2006
ISIN
AU000000PGM3
FIGI
BBG000BJL9B0
Platina Resources Ltd. is an international resource company focused on the exploration and development of a global portfolio of precious and specialty metal projects. The principal activities of the company are the acquisition of mining tenements for mineral exploration with a focus on platinum group metals. Its projects include Xanadu, Challa, Mount Narryer, Munni Munni, Platina Scandium, Skaergaard, and Blue Moon. The comapny was founded on March 28, 2006 is headquartered in Mount Hawthorn, Australia.
ASX: Platina ResourcesFactors
1. Price has experienced a very LT downtrend
2. Price slowly moving out of the upper LT trendline.
3. EMA is crossing
4. There is an overhead gap at 4.7c & 5.7 which I would be looking to target.
5. Potential fundamental catalyst
6. Recent increase in volume
Possible Reasons For Failure
PGM Last hope?Is this PGM's last hope before it descends into the depths of Hell?? :)
In order to defend its Weekly higher low pattern PGM needs yet another bounce off its 200 Week moving average. It has closed below the moving average with every other moving average shot. 50, 100 day etc sma ema..
The Daily R
PGMPGM coming close to previous support at 0.10 cent and even bigger support at 0.090. 20 period EMA currently acting as resistance.
Plans for trade:
Wait for PGM to bounce on support at either 0.10 cent or 0.090 cent.
Wait for confirmation of EMA to Cross SMA before taking position
Bullish indica
PNG For the main man GPNG is consolidating on decreasing volume which is usually a bullish sign as there is no real Bear volume in the pull back. the volume has dropped right off and the RSI is on a level that in the past has sprung from to the upside.
Looking at the daily PGM has touched the "new trend line" and had a
PGMizzle's next run?- Break from downtrend
- New higher high and higher low on the daily
- Potential weekly cup & handle
- Awaiting some more confirmation on trend
See all ideas
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Frequently Asked Questions
The current price of PGM is 0.03 AUD — it has decreased by 6.90% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on ASX exchange PLATINA RESOURCES LIMITED stocks are traded under the ticker PGM.
PLATINA RESOURCES LIMITED is going to release the next earnings report on Sep 25, 2024. Keep track of upcoming events with our Earnings Calendar.
Yes, you can track PLATINA RESOURCES LIMITED financials in yearly and quarterly reports right on TradingView.
Like other stocks, PGM shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade PLATINA RESOURCES LIMITED stock right from TradingView charts — choose your broker and connect to your account.