PLG 4HRBullish Shark @XA1.13
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
PTM trade ideas
PLG - Bull Flag OpportunityAs a continuation from my first post, we have such a great opportunity for a 150% gain in AMEX:PLG from where we are right now. TVC:PLATINUM has broken out of it's long-term resistance (shown here: ) and we are seeing capitulation within the precious metals sector. I don't expect us to stay here long! Don't miss out!
The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It is very important to do your own analysis before making any investment based on your own personal circumstances.
PLG: Bull-Flag Potential TargetAMEX:PLG has a potential bull-flag pattern currently playing out. While PLG can still continue to grind lower, a break to the upside of this pattern will give us an official SCOTCHstocks initial target of $9.30, with a possible overshoot.
Everything shared here is my own opinion and no results are guaranteed. Good luck!
PLG MINING LICENSE HAS COME.PLG MINING LICENSE HAS COME. One of the largest palladium layers in the world has been discovered in Waterberg County, South Africa. After several years of preparation, the last and final mining permit arrived today at dawn. The price movement reflected it well, as a rising fractal structure had already been built before it. Currently, a second accumulation phase was moving before further rise. I assume that the ascending wave sequence shown in the drawing is further constructed. With the support of the fundamental background. Target price: 12.86 usd
PLG rise again.PLG rise again. It can be seen from the analysis that the price movement may turn from the lower level of another accumulation range. In recent weeks, the fair value of PLG has fallen below from 5.62usd to 4.62usd. This is due, among other things, to the fact that the number of shares issued increased by 11 million. It currently has 72.21 million shares. I note that the company’s debt is steadily declining. Therefore, dilution is not visible in the share price. But let’s get back to technical analysis. I assume that the fractal repetition seen in the analysis can occur. This means that the previously seen accumulation range is repeated at twice the size. Therefore, it is an excellent opportunity to move from the current level to a long position. In the event that the accumulation phase is repeated, it can be assumed that as the accumulation phase rises, the price movement can also cover twice the distance. In this case, the target price can reach the level of 18 usd. This represents an increase of 370% from the current level.
Platinum Group Metals $PTM simple Bullflag setupThe consolidation in Platinum Group Metals $PTM should see a nice breakout to the upside soon.
PLG BREAKOUT COMING ! TRIPLE IN VALUE IN A FEW MONTHSI expect PLG to go much higher in the next month or two.
This may be the last chance to get in before it will be too late and FOMO piles into trade.
I'm scaling into this stock already and holding tight.
Always trade with a stop.
Targets are outlined in chart.
PTMI am mega bullish the pgm sector, especially platinum after decades of being a palladium bull... possible switch coming ? i dunno but PL is looking great lately.
PLG fair value back testing.PLG fair value back testing. In many cases, the technical phenomenon in stock markets is that a stock tests its own fair value back with a symmetric wave sequence. Before another big rise. We can also see this phenomenon in PLG. The fair value of the PLG share is 5.34usd. This level transformed into the wave axis of the next wave motion. Therefore, I assume that a symmetric wave motion with a support level of 4.44usd is built on this axis. Then we turn north from this level again and see a further rise with a target price level of 10.77usd.
PLG let's look behind the graph.PLG let's look behind the graph. A Platinum Group Metals LTD. It is an explorer of one of the largest palladium mineral layers in the world. This mineral layer is located in the Waterberg province of South Africa. Palladium could be one of the success metals of the years to come. Target price can be up to 4000 usd. The future value of the palladium and platinum layers of the Waterberg mine is estimated at $ 40-50 billion. In 2018, PLG submitted a mining permit application to the South African Ministry. The opinion has appeared in social media in recent days that the PLG insider transaction has intensified significantly, so it can be assumed that the mining license may arrive this year. In 2018, PLG’s management prepared a mining feasibility plan based on automated robot technology. This keeps mining costs lower than competing miners. From the side of Chart analysis, it can be seen that the waveforms found in 1, 2, 3, (purple rectangles) are very similar. These suggest that PLG’s management is consciously building up the share price with insider trading. If we look at yesterday’s insider trading then 95% of yesterday’s total stock trading was accounted for by insider transactions. For investors, this means that a serious company is starting to recover. It is worth considering the company as both a long-term and a medium-term investor. The chat also shows that current insider trading has created an accumulation phase. From this accumulation phase, a further rising wave sequence is expected at a target price of 11 usd.
PLG Hype sequence. 0.1.1.2.3.5.8 .......PLG Hype sequence. 0.1.1.2.3.5.8 ............. A wave sequence based on a Fibonacci number sequence. In the case of this as well, the ascending wave sequence seen in the analysis may be formed. We are currently in the doubling phase. This means that the wave sequence numbered 2 is exactly double the previous sequence. I signal that both NIO and Tesla started like this. In case my analysis is correct the next target price is 9.52 usd.
PLG this is not PUMP and DUMP.PLG this is not PUMP and DUMP. Although in technical terms it currently appears to be, in my opinion, it is a wave cycle transformation. In case my analysis is correct, we are currently in an accumulation phase. This section connects two rising wave cycles. After the accumulation phase, another rising wave cycle is expected. The next level is 7.50 usd. 85% increase from current level.
PLG before 93% increase.PLG before 93% increase. Shares of Platinum Group Metals showed an unusually high volume during the trading after hours (AH) period on Friday. This could be a sign of a further rise. It can be seen from my analysis that the motion of PLG is a fractal motion. size of the first fractal 1: 1 mapping. Since you are copying exactly so far, I have reason to assume that copying can continue exactly. What it means ? That Friday night’s AH motion is not a random motion, but the beginning of a rising wave sequence. If we look at the analysis, we can see that we expect a 93% increase from the current level in a copy. Target price 4.10usd.
PLG : There is a clear breakout herenew highs or confirmation ? that's the matter.
I will be watching for a confirmation here.
( my personal view, not a trading advice )
$PLG Platinum is starting to look like it might run. $PLG should too. Trade triggers on a weekly close over resistance.
PLG About to gain 50%Looks like PLG is breaking out of a Pennant and getting ready to gain about 50% this month (hopefully)
PLG - car sales issuePLG as platinum and some palladium play is hitting 78% retracement like Nov-Dec 2019 pre-covid after a spike at beginning of year. Will EV cars need these metals as petrol is going back to platinum catalytic converters as Palladium so pricy$$. $1.37 up to $1.44 play
