Platinum
JSE 30-Day challenge: Day #5 WEZ5th Day. Today we bought some risky platinum.
I have the idea to start some high-risk/high return game. The main object to post one idea per each day for 30 days in a row.
Goals:
1. Buy stocks every day.
2. Keep balance at least of ZAR150.000 on 20 June
2. At least 30% of picked up stocks need to hit 25% profit gain.
Rules:
Only JSE stock exchange.
The initial budget is ZAR300.000
Limit per one trade from ZAR5.000 to ZAR10.000
Spend no more than 1 hour per day to buy any stock and publish the idea.
Last day to buy stocks - 20 May
Last day to sell stocks - 20 June
Log:
1st day is JSE:MCG ~9100 p/s
2nd day is JSE:NHM ~8325 p/s
3rd day is JSE:PBG ~191 p/s
4th day is JSE:QFH ~362 p/s
5th day is JSE:WEZ ~47 p/s
JSE 30-Day challenge: Day #2 NHM2nd Day.
I have the idea to start some high-risk/high return game. The main object to post one idea per each day for 30 days in a row.
Goals:
1. Buy stocks every day.
2. Keep balance at least of ZAR150.000 on 20 June
2. At least 30% of picked up stocks need to hit 25% profit gain.
Rules:
Only JSE stock exchange.
The initial budget is ZAR300.000
Limit per one trade from ZAR5.000 to ZAR10.000
Spend no more than 1 hour per day to buy any stock and publish the idea.
Last day to buy stocks - 20 May
Last day to sell stocks - 20 June
Log:
1st day is JSE:MCG ~9100
2nd day is JSE:NHM ~8325
XPTUSD | Cup & HandlePlease support this idea with LIKE if you find it useful.
Price formed a Cup & Handle. Moreover price already broke the Horizontal Resistance and confirmed the pattern. So we can initiate a long position with stop-loss below the Horizontal Resistance
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
PLAATINUM technicaly based forecast
📌Short intro:
I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support
📌Why DepaDigitalTrading:
*Analysis based on my program and tactic readings
*Fundamental side in analysis
*Price action - FIBO - Candl pattern
*FX - STOCK - CRYPTO
*Day trader - Swing trader - Position trader - "Sniper"
*Simple ideas
💡 PLATINUM technicaly based idea, technicaly indicators showing we can expect higher push up in price, expecting to see push in price till FIBO 0.6.
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
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All best, good luck!
Platinum Breakout & Palladium Blow-off TopPlatinum at current levels presents tremendous value. The precious metals take turns outperforming and underperforming. In the late 90s palladium went into a bubble while gold, silver, and platinum bottomed out. Then throughout the 00's palladium moved sideways while platinum, silver, and gold all outperformed.
I believe we are nearing a similar setup where US stocks will enter a blow off top and palladium will follow. Following this blow-off top platinum and silver will begin to drastically outperform.
Additionally, the more expensive palladium gets, the more likely industry will find ways to substitute towards platinum. This is especially the case since most of palladium demand comes from China.
Be keeping an eye on these metals, along with gold and silver.
Don't Buy into Shooting Stars; Enter 'True' Longs @ 1380ishA lot of people confuse shooting stars and dead cat bounces with 'real' runs - both in stocks and metals. Right now, we are seeing and have been seeing shooting stars in Gold for a little while and we have received another one. Silver has recently formed a shooting star as well.
What this means is we can expect a likely breakdown once again in Gold to sub-1450 and Silver likely sub-11 for cash (liquidity) and more margin covering sometime early next week.
The generational buying opportunity in Gold, Silver and eventually Platinum is coming, however, refrain from buying into these shooting stars that are simply filtering out weak bulls.
There will continue to be more strength in the DXY up to at-least the 108 range which will further the selling pressure on Gold, and we are certainly not near the equity lows before stabilization. Both of these will add to selling pressure in Gold and Silver. With most of the world essentially shutdown, there is little to no industrial necessity for Silver, and as such, I see Silver's current rise as nothing more than a dead cat bounce.
At this point and as I have been calling for a little while, Gold will come to test its pre-breakout levels which is at-least the 1390-1400 range. It is possible it can find support from the top of the elongated 6 year cup which is closer to 1350. However, I would begin entering large buys around the 1390-1400 rather than "hoping" for something that may not come.
- zSplit