I noticed this stock getting mentioned in a few different places online, it's been on my radar anyway as one of the very few pure platinum mining stocks. This intense coiling pressure in the price is getting pushed in between trendlines, moving averages, and supply / demand zones... I'm assuming it will resolve to the upside in a big squeeze, but the opposite can...
PLG 500% rise ahead. PLG is a Canadian-based palladium and platinum mining company. The company owns one of the world's largest palladium deposits in South Africa. This palladium deposit is located in Waterberg County. It is located close to the surface and can therefore be mined at low cost. PLG's subsidiary PTM holds all the mining licences from the South...
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Due for a bounce, sort of.
I like the idea as a safe haven asset. Mainly because it has been dancing along this major support level (close to a buck) for awhile. Any meaningful pop will pay.
Divergence Spotted:
Divergence between Relative Strength Index (RSI) and Price Action.
Note the red and blue lines. RSI is strengthening, as price is pushed downward for a number of reasons, including, I think - the need for Platinum with all the Geopolitical saber-rattling this spring.
Goals 2.14, 2.31, 2.40.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will...
PLG is another name in a long list of stocks that look ready to run lately for geopolitical reasons.
Platinum Group Metals Ltd. engages in the exploration and development of platinum and palladium properties. It explores for palladium, platinum, gold, copper, nickel, and rhodium deposits. The company holds 50.02% interest in the Waterberg project located on the...
Bullish divergence at the .886 completing the Bullish Bat. Trying to hold above a critical level with a much higher low. Historically your first major target up is going to be about 5.00.
Hello investors and speculators!
I think this is my first ever stock idea here, on tradingview.
Looking at multiple years and decade ahead - we have very unique opportunity to participate in this investment/trade.
This is surely not for trading rather investing. I believe Platinum/Palladium are going to play a big role in risk-off game this coming decade or...
PLG may start to rise. Briefly about the company. PLG is a Canadian mining company established primarily to extract palladium and platinum. You could say that we are talking about a company that is still in the start-up phase. In 2016, the company discovered one of the world's largest palladium deposits in Waterberg County, South Africa. They obtained a mining...
If you on't catch knives and you missed teh bottom, don't despair, looks like an enty may be coming right up!
#platinum
multi-level ih&S - I'll call it a palm tree structure
Buying shares of PLG at this confluence of trendlines and support. With platinum (XPT) currently being so undervalued while having bullish looking chart, I see this as potential 20-30 bagger. Great RRR.
Entry : 2
Targets : 10, 40 and 60
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do...
PLG has reached the bottom. The chart shows that the fall in PLG shares has stopped. The fundamental background is that the construction of the mine in Waterberg County, South Africa, has temporarily stopped. In a South African court, civil groups have challenged the mine construction permit issued three months ago. PLG CEO Robert Jones has resigned after failing...
Hello.
I have been watching PLG for sometime now and it seems we have reached a possibly strong inflection point.
We have a double back test from previous resistance.
One long term finding support from previous bottom resistance
Another short term indicating another possible reversal.
RSI is showing momentum is about to break the current downward trend
Current...
$PLG - I like what I see here. My previous chart shows that $XPTUSD currently outperforming $PLG so it is normal for $PLG to do catch up game.
#platinum #gold #silver
