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Sunday, 19 January 2020

Technicals of Platinum and Platinum ETFs (NYSE: PPLT) for Trading/Investing: 19 January 2020


Technicals of Platinum and Platinum ETFs (NYSE: PPLT) for Trading/Investing:
19 January 2020
(Click on the Technical Chart Above to Expand)

Attached is the Technicals for Platinum. Platinum was alerted by a fellow professional in my discussion forum, he is a good trader who is based in the US and is active in US markets, and so I did some further add-ons as above.
All technicals illustrated are self-explanatory: Bullish for Platinum and related ETFs and stocks. I expect further strong-legged upside for platinum. Immediate TP for this ETF (PPLT) is at least at $104.

The Donovan Norfolk Technical Rating:
Bullish

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