PLG next step 0.2445...PLG next step 0.2445 The exchange rate may continue to rise. By calculating a relatively large statistical probability, the next target price can also be specified. The distance D1 ATR measured at the turn is added to the distance of the upstream wave ATR. At this point, 0.2445 target values are obtained. We expect this to be the next raise level target price.
PLG trade ideas
PLG rise may come.... The figure shows two exchange rate movements. I would not say fractal structure because the second structure is smaller than the first one. or just the similarity that characterizes the fractals. Why can you turn? Because the first structure over the wave axis was 15% closed, until the second structure was 30%. So the exchange rate rise in the second case is double the first. It is clear from the diagram that wave waveforms (green line) were formed in both cases, but at first the ATR axis (purple line) was the axis of resistance, and the second the ATR axis (purple line) support. That is why we assume that the exchange rate has reached the end of its correction level and that it can start to grow steadily.
PLG stay long... It is likely that the exchange rate will continue to increase. The upward wave structure currently underway may increase to close to 0.5300 levels. There is an ATR axis at the resistance level. Then there will be a correction. This level of support can also be given by a D1 ATR shaft. It's somewhere around the 0.2900 level. Then a new wave of gain (BC) may begin. Further increase probability. The current wave structure target price is 0.6200 usd level environment.
PLG increasing volatility and rising... The predicted path of the exchange rate is shown in the figure. Two strong axes are visible along the way (purple line) both ATR axes the D1 ATR upper axis can be the first resistance line of the exchange rate rise. The lower ATR axis is the line of correction support. The 1.18 usd target price level is the maximum available distance from the current speed and ATR data. This may change when the data used for the calculation is altered.
PLG can start the mine... The exchange rate was very slow, but it started to rise. Slow start-ups are, in many cases, better because they can produce longer wave structures. If the movement of the current movement is generated by the wave motion, then a backstroke whose level can be given by an ATR axis is expected to increase further. The target price for this rise is around 0.1900 usd. Fundamentally, the company is mentioned as one of the largest PGM mines in South Africa. The mining mine is among the largest mines on world level. Several weeks ago, the mining licenses began to be procured.
The price of PLG is in the outbreak...The price of PLG is in the outbreak. Reduced ATR with increasing traffic. For the first rising wave, it can be around 0.1249. If an ascending wave motion is formed (ie not a pulse wave) then a more persistent increase can be assumed. Until now, impulse wave breaks were unfortunately. Simple short sqeeze.
PLG shares before the rise...PLG shares before the rise. We have little information about the South African Wateberg PGM project. However, we indirectly know that the external engineering office involved in the work is the project of the "largest" project of mine now planned. The company is looking for a HR project manager. Back to the technical picture. The exchange rate moves in two types of fractal wave structures. The size of the rising fractal structure is always double. Until the decreasing fractal structure is gradually smaller. Short-term speculative trading is decreasing, but longer-term shareholding is growing. Based on the technical wave theory, further major waveform structures are expected. With a dual wave structure for purposes of around 0.6455 usd.
PLG hope or death...PLG hope or death. PLATINUM GROUP METAL shares have seen better days as well. But they are not the ones. The exchange rate has been in a decreasing trend for a long time. The time for a technical rebound is coming slowly. It is equally a question when the decreasing fractal wave structures and the increasing fractal wave structures are changed based on the same ATRs. But now it is time for a growing fractal wave motion. This is also confirmed by the fact that the exchange rate moves on the outside of the ATR axis (orange line). From here I'm waiting for a several-day upward movement. This 0A wave (first half of the green wave) is the target price of 0.6538. Then I look for the correction wavelength of the double fractal structure (Green AB), target price 0.2846. Then there is a rising wave structure.
PLG short squeeze with 4 times gain...PLG short squeeze with 4 times gain. The last drop of the exchange rate is visible. The wave structure could end at 0.1877 levels. From this level a so-called "SHORT SQUEEZE" is expected. The snort sqeeze wave can be a dual wave motion. The 0A wave is the first, with a target price of 0.3692. Then I expect a correction wave. The AB correction wave is a half wave structure. Then it follows again the first 0A wave structure. The second emerging wave is the BC wave structure with a target price of 0.4775
PLG - Longer term speculative Long from current leble $0.49 PLG Looks great for possible long-term speculative Long trade. We think it will be good buy at current level
* Trade Criteria *
Date First Found- January 11, 2018
Pattern/Why- possible long term speculative Long trade
Entry Target Criteria- Current price ($0.49)
Exit Target Criteria- Longer term Momentum hold potential
Stop Loss Criteria- $0.39
Please check back for Trade updates. (Note: Trade update is little delayed here.)
#PLG: Bulls Active, Upside To Be Seen! #PlatinumGroupTraders,
This was a signal sent to my clients today, as you can see, we had a fantastic large percentage move to the upside. Whilst it is too late to get in now, if there is a pullback it will be a good time to get back in. Well done to my signal members for taking this one.
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Best regards,
Tom
Simple Trading Techniques – Pullback Candlestick Strategy
Go long the PLG if it trades at 3.67 or higher. If triggered, place your stop at 3.38 and exit the position for a profit at 3.95 or at your own discretion. (Signals are valid for 1 day only. Always invest wisely).
Learn the rules of this strategy at: www.udemy.com
Simple Trading Techniques – Pullback Candlestick Strategy
Go long the PLG if it trades at 3.4 or higher. If triggered, place your stop at 2.53 and exit the position for a profit at 4.09 or at your own discretion. (Signals are valid for today only. Always invest wisely).
Learn the rules of this strategy at: www.udemy.com