PGM coming close to previous support at 0.10 cent and even bigger support at 0.090. 20 period EMA currently acting as resistance.
Plans for trade:
Wait for PGM to bounce on support at either 0.10 cent or 0.090 cent.
Wait for confirmation of EMA to Cross SMA before taking position
Bullish indicators
PGM is in a strong uptrend
Declining Bear Volume on Monthly chart.
Targets on Confirmation longterm.
Remember to always lock in profits as a lot of other trader's will be selling at these levels so better to lock in profit before resistance levels.
T1 = .0135
T2 = .0160
T3 = .0175
Plans for trade:
Wait for PGM to bounce on support at either 0.10 cent or 0.090 cent.
Wait for confirmation of EMA to Cross SMA before taking position
Bullish indicators
PGM is in a strong uptrend
Declining Bear Volume on Monthly chart.
Targets on Confirmation longterm.
Remember to always lock in profits as a lot of other trader's will be selling at these levels so better to lock in profit before resistance levels.
T1 = .0135
T2 = .0160
T3 = .0175
Related publications
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.
Related publications
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.