Palladium Update: Possible upswing soon. On the previous post on 8/4/20 I also suggested an upswing soon as the ".4" point was approaching.(see link below). But after the rise there has been a stall which may be soon over. So watch for signs of reversal. If this count is correct the next upswing could be a hefty one.
I don't trade futures. Other possibilities to trade this include PPLT, and mining stock IMPUY
Zacks
Impala Platinum Holdings Limited is in the business of mining, refining and the marketing of platinum group metals, especially platinum, as well as nickel, copper and cobalt. Implats is also involved in the secondary sourcing of material through Impala Refining Services which enables it to capitalise on the group's competitive advantages in processing and refining. The group's operations on the Bushveld Complex in South Africa (Impala Platinum, Marula Platinum, the Leeuwkop project and Two Rivers) and the Great Dyke in Zimbabwe (Zimplats and Mimosa) give it a significant base of attributable reserve and resource ounces of platinum. Implats also has investments in Aquarius Platinum Limited and its subsidiary Aquarius Platinum (South Africa) Limited which have PGM operations in southern Africa. There are also offshore exploration projects in Botswana, Mozambique, Madagascar and Canada.
