PLG : Nice bull flag breakout. Price heading to 1st resistance of 5.68 - 6 zone. If we break the 6 zone, the flag target is around 9-10, which matches with past support-resistance zone. Trade safe.
Platinum price really needs to move above $1226 in order to have PLG advance farther. Since palladium price is hitting ATH I believe many car manufactures will substitute to Platinum for catalytic converters. RSI is in uptrend mode which is a good sign. looks like an entire PM sector is waking up after long consolidation period. This is 3rd attempt for this stock...
PLG before 85% increase. A Platinum Group Metald LTD. He is one of the largest holders of palladium discovery in the world. It is a licensed mine to be built in the coming months in Waterberg, South Africa. The analysis shows that PLG shares started to rise. It can be seen that the rise can move upwards from an accumulation range. I am currently expecting a...
Looks like we are dancing back around 50DMA. DXY is dropping down as I type it 91.78, which is a good sign for PM sector. We need break out in RSI resistance line and in a candle stick resistance line. Platinum just like uranium in a deficit production. Also US10Y and US30Y are dropping which is a good sign as well. Let's see how the rest of the week plays out.
Target $11.91 with 05/26/2021 date to get us there. Resistance $6.50 - when we cross this resistance line - we go to the Moon. Currently #platinum is in deficit production and extremely undervalued
This is a potential scenario of a falling wedge break out. This chart is a supplemental chart to my big picture arc chart.
PLG before 206% increase. It can be seen from the analysis that the price movement started the construction of an ascending wave sequence from the end of the second accumulation phase. It can be seen that in the accumulation phase, he built 3 wave sequences. It may follow that the construction of the 3rd wave in the accumulation range has also been completed. It...
PLG MINING LICENSE HAS COME. One of the largest palladium layers in the world has been discovered in Waterberg County, South Africa. After several years of preparation, the last and final mining permit arrived today at dawn. The price movement reflected it well, as a rising fractal structure had already been built before it. Currently, a second accumulation phase...
PLG rise again. It can be seen from the analysis that the price movement may turn from the lower level of another accumulation range. In recent weeks, the fair value of PLG has fallen below from 5.62usd to 4.62usd. This is due, among other things, to the fact that the number of shares issued increased by 11 million. It currently has 72.21 million shares. I note...
PLG fair value back testing. In many cases, the technical phenomenon in stock markets is that a stock tests its own fair value back with a symmetric wave sequence. Before another big rise. We can also see this phenomenon in PLG. The fair value of the PLG share is 5.34usd. This level transformed into the wave axis of the next wave motion. Therefore, I assume that a...
PLG let's look behind the graph. A Platinum Group Metals LTD. It is an explorer of one of the largest palladium mineral layers in the world. This mineral layer is located in the Waterberg province of South Africa. Palladium could be one of the success metals of the years to come. Target price can be up to 4000 usd. The future value of the palladium and platinum...
PLG Hype sequence. 0.1.1.2.3.5.8 ............. A wave sequence based on a Fibonacci number sequence. In the case of this as well, the ascending wave sequence seen in the analysis may be formed. We are currently in the doubling phase. This means that the wave sequence numbered 2 is exactly double the previous sequence. I signal that both NIO and Tesla started like...
PLG this is not PUMP and DUMP. Although in technical terms it currently appears to be, in my opinion, it is a wave cycle transformation. In case my analysis is correct, we are currently in an accumulation phase. This section connects two rising wave cycles. After the accumulation phase, another rising wave cycle is expected. The next level is 7.50 usd. 85%...
PLG before 93% increase. Shares of Platinum Group Metals showed an unusually high volume during the trading after hours (AH) period on Friday. This could be a sign of a further rise. It can be seen from my analysis that the motion of PLG is a fractal motion. size of the first fractal 1: 1 mapping. Since you are copying exactly so far, I have reason to assume that...
new highs or confirmation ? that's the matter. I will be watching for a confirmation here. ( my personal view, not a trading advice )
Looks like PLG is breaking out of a Pennant and getting ready to gain about 50% this month (hopefully)
PLG Listen. PLG is a palladium mine under construction. Waterberg County, South Africa. In recent years, the planning phase has caused many disappointments to early investors. But in recent years, events and investment have accelerated slowly, but he is starting. The palladium layer on which the mine is installed has one of the largest dimensions in the world. The...
PLG (Platinum Group Metals) .. long. In the long run. The exchange rate may be ahead of a significant rise. The analysis shows that it builds very regular accumulation bands. Let's call it an accumulation wave fractal. It is seen that it is ahead of the completion of the second fractal and that it is possible to cross a much higher accumulation level (3). It is...