Northam Platinum: One of several ideas/technical insights posted to our client platform earlier this morning.
Remember my comment on the platinum sector on 20-September 2021: "Anglo Platinum down over R800 or -40% since March sell idea. "Tougher" to sell here, below 1300 (with bearish sentiment) than it was above R2100 (with bullish sentiment)."
Price rallied from that point and has since consolidated.
My comment/further idea on NPH this morning: "TRADING QUICKTAKE: Falling wedge technical formation and support between 50-618% Fib zone. 1st target 22745c, with upside gap at 23747c acts as a ‘stretch target’. BIAS: LONG".
Levels to be determine in real-time.
For more real-time insights/ideas, get in touch today.
Remember my comment on the platinum sector on 20-September 2021: "Anglo Platinum down over R800 or -40% since March sell idea. "Tougher" to sell here, below 1300 (with bearish sentiment) than it was above R2100 (with bullish sentiment)."
Price rallied from that point and has since consolidated.
My comment/further idea on NPH this morning: "TRADING QUICKTAKE: Falling wedge technical formation and support between 50-618% Fib zone. 1st target 22745c, with upside gap at 23747c acts as a ‘stretch target’. BIAS: LONG".
Levels to be determine in real-time.
For more real-time insights/ideas, get in touch today.
