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jstrasburger
26 feb 2021 15:43

PLG - Bull Flag Opportunity Lång

Platinum Group Metals Ltd.Arca

Beskrivning

As a continuation from my first post, we have such a great opportunity for a 150% gain in AMEX:PLG from where we are right now. TVC:PLATINUM has broken out of it's long-term resistance (shown here: tradingview.com/chart/PLATINUM/x2LR3WKr-Platinum-Long-Term-Breakout-SCOTCHstocks-Target/) and we are seeing capitulation within the precious metals sector. I don't expect us to stay here long! Don't miss out!

The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It is very important to do your own analysis before making any investment based on your own personal circumstances.

Handel aktiv

Handel aktiv

3rd perfect retest, buying opportunity. Will we get the ultimate breakout at the next attempt? Or do we go lower yet again for a 4th buying opportunity?

Handel aktiv

And we have our breakout!

Kommentarer
Thinus5422
Thank you for chart .Longer term Platinum price is expected to go much higher. PLG will follow.
jstrasburger
@Thinus5422, I completely agree! Cheers!

Thinus5422
Thank you for analyses.
AskDrBurt
I am not an expert, still learning but these are my observations:

1. PM sector is an extreme oversold
2. FIB. RET. for 61.8 is around $3.50 target - may never reach there if PM will take off
3. On a weekly chart 50MA and 200MA almost crossing

I already have a position in PLG, however if it drops close to $3.50 I will add to my position - Bullish long term
Mer