Christian-Georgi

Waiting For Palladium To Breakout!

Christian-Georgi Actualizado   
TVC:PALLADIUM   CFDs sibre paladio (USD/OZ)
Palladium...

After their steep price surge in 2019 and beginning 2020 it is recently stabilizing itself.
I personally believe that this stabilisation isn't sustainable.

So waiting for an breakout is recommended.

I am a bit more bullish than bearish, but i want to wait for the breakout.

Technical:
"Explained above"
-rsi between 50 and 40 over a decent period

Fundamental:

Explained in one phrase: demand will recover fastly.

Best Regards
Christian Georgi

Operación activa:
UPDATE: Lack of trading volume makes it hard to determine a breakout direction. But i opened a small long position around 1920.
Comentarios:
closed my position at 2279. Didn't want to get even more greedy. :D
Operación cerrada: objetivo alcanzado

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