NPH.JSE Northam Platinum Prints a Cup & Handle Pattern
Updated
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.
Note
Looks to Print 2 Handles.
Possible weakness due to Geopolitical Tensions?
Note
High Resistance around R118 Area. The big guys need to come in.
Conviction and time / patience needed.
Note
2 More Handles Added.Note
Both Targets achieved.
Holding.
Trade active
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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.