week 2 trade PGMentry at current price
target via chart +10%
very tight stop loss on this one
personal use only
Next report date
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Report period
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EPS estimate
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0.022 AUD
13.98 M AUD
0.00 AUD
467.92 M
About PLATINA RESOURCES LIMITED
Sector
Industry
CEO
Corey Nolan
Website
Headquarters
Mount Hawthorn
Founded
2006
ISIN
AU000000PGM3
FIGI
BBG000BJL9B0
Platina Resources Ltd. is an international resource company focused on the exploration and development of a global portfolio of precious and specialty metal projects. The principal activities of the company are the acquisition of mining tenements for mineral exploration with a focus on platinum group metals. Its projects include Xanadu, Challa, Mount Narryer, Munni Munni, Platina Scandium, Skaergaard, and Blue Moon. The comapny was founded on March 28, 2006 is headquartered in Mount Hawthorn, Australia.
ASX: Platina ResourcesFactors
1. Price has experienced a very LT downtrend
2. Price slowly moving out of the upper LT trendline.
3. EMA is crossing
4. There is an overhead gap at 4.7c & 5.7 which I would be looking to target.
5. Potential fundamental catalyst
6. Recent increase in volume
Possible Reasons For Failure
PGM Last hope?Is this PGM's last hope before it descends into the depths of Hell?? :)
In order to defend its Weekly higher low pattern PGM needs yet another bounce off its 200 Week moving average. It has closed below the moving average with every other moving average shot. 50, 100 day etc sma ema..
The Daily R
PGMPGM 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 indica
PNG For the main man GPNG is consolidating on decreasing volume which is usually a bullish sign as there is no real Bear volume in the pull back. the volume has dropped right off and the RSI is on a level that in the past has sprung from to the upside.
Looking at the daily PGM has touched the "new trend line" and had a
PGMizzle's next run?- Break from downtrend
- New higher high and higher low on the daily
- Potential weekly cup & handle
- Awaiting some more confirmation on trend
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of PGM is 0.019 AUD — it has decreased by −13.64% in the past 24 hours. Watch PLATINA RESOURCES LIMITED stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on ASX exchange PLATINA RESOURCES LIMITED stocks are traded under the ticker PGM.
PGM stock hasn't changed in a week, the month change is a −13.64% fall, over the last year PLATINA RESOURCES LIMITED has showed a −32.14% decrease.
PGM stock is 15.79% volatile and has beta coefficient of 0.56. Track PLATINA RESOURCES LIMITED stock price on the chart and check out the list of the most volatile stocks — is PLATINA RESOURCES LIMITED there?
Today PLATINA RESOURCES LIMITED has the market capitalization of 11.84 M, it has increased by 15.79% over the last week.
Yes, you can track PLATINA RESOURCES LIMITED financials in yearly and quarterly reports right on TradingView.
PGM net income for the last half-year is 4.05 M AUD, while the previous report showed 9.93 M AUD of net income which accounts for −59.24% change. Track more PLATINA RESOURCES LIMITED financial stats to get the full picture.
No, PGM doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, PGM shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade PLATINA RESOURCES LIMITED stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So PLATINA RESOURCES LIMITED technincal analysis shows the strong sell today, and its 1 week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating PLATINA RESOURCES LIMITED stock shows the strong sell signal. See more of PLATINA RESOURCES LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.