NPH.JSE Northam Platinum Prints a Cup & Handle Pattern
Northam Platinum Prints a Cup & Handle Pattern which is Bullish.
The Target Zone has been Project Up to show a Potential Upside of +- 19%
Remember these Patterns are only on average about 75% correct, and need Patience and Conviction to play out.
As always, please get a few outside Expert's Advice before taking Trade or Investment Decisions.
Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.
Regards Graham.
The Target Zone has been Project Up to show a Potential Upside of +- 19%
Remember these Patterns are only on average about 75% correct, and need Patience and Conviction to play out.
As always, please get a few outside Expert's Advice before taking Trade or Investment Decisions.
Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.
Regards Graham.
Nota
Looks to Print 2 Handles.
Possible weakness due to Geopolitical Tensions?
Nota
High Resistance around R118 Area. The big guys need to come in.
Conviction and time / patience needed.
Nota
2 More Handles Added.Nota
Both Targets achieved.
Holding.
Operación activa
The Price retreated after Targets were achieved.
Back to a support Zone, and a possible retrace for some upside in 2025.
Will watch and Update Soon.
Operación cerrada: objetivo alcanzado
A new Cup and Handle is forming.
Will re-do this chart soon.
Highs Target is lower than before at +- R130
Nota
PGM's and Trump Tariffs - with a zero Green position severely hurt's this sector big time.
As always, the fundamentals, will override technical's.
Nota
Northam CEO says platinum market "will turn" from current slump.
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.