For future reference against:
- short squeeze 42-44 to 48-50
- massive sell-off from late buyers, profit takers, miners from china that have to move, and whales with leverage in short positions.
- 26 to 24 key resistance, all as Wyckoff distribution Phase E
I think this would invalidate the S2F theory... :-| that, I think, it still is in play now.
For the last published palladium idea: Entry points, resistances and supports.
If it breaks resistance upwards, using new support as entry for a sure entry.
It is possible to entry on the actual support (S1) and "hope" for a break upwards with a strict SL right bellow range. Risky. But for a scale in strategy, could work.
As there is a small RSI divergence (red...
Trend usages (today):
Electronics - The second greatest application of palladium in electronics
Technology - Hydrogen easily diffuses through heated palladium
Hydrogen storage - Palladium readily adsorbs hydrogen at room temperatures.
Looks like the usage will make it pricier. Palladium will continue the trend? Fractal to a long term...