TULIPS? Nope Rhodium Rhodium has found a trendline but it early days .
A weekly close above the previous week will be a start.
Key stats
About DB ETC PLC XTRACKERS PHYSICAL RHODIUM ETC
Home page
Inception date
May 19, 2011
Structure
Structured Debt Instrument
Replication method
Physical
Primary advisor
DWS Investments (UK) Ltd.
ISIN
GB00B684MW17
Xtrackers Physical Rhodium ETCs are backed by a direct investment in the underlying physical rhodium. The issuer has direct and sole ownership of the rhodium which is stored in secure uniquely identifiable bottles of rhodium in sponge form in the UK
Classification
Rhodium close to critical support.* None of what i write here is not an investment advice. Please do your own research before investing in any digital asset.
* Never take my personal opinions as investment advice, you may lose your money.
Platin vs. RhodiumPlatinum and Rhodium have a very good correlation. Rhodium has a massive breakout. Will Platinum follow?
Bullish pump in Rhodium?If the 200 period MA supports the price, it seems like a good buying opportunity with a stop-loss order below the local low at 1750 USD. Price quotations over 1900 USD are a good sign for continuing the bullish trend. At least targeting the ATH at 2600 USD.
W PATTERN I see the second half of the W pattern forming, all moving averages are fanning out well, plus supply and demand dictates a rise in price, due to rarity of this particular commodity. I estimate a break in price levels above 1.5m usd per kilo. We should see some record breaking RISE prices in the com
rhodium roadmapping rhodium's price discovery. why is there no better chart for this metal on here? :(
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.