IMPALA PLATINUM (IMP)

2月19日

It looks like IMP (JSE) is at a decision point.

• Previous Earnings Pattern: In Feb & Aug 2024, the stock dropped 10-12% post-earnings, continuing the downtrend before hitting the bottom trend line (green), which acted as a strong support and reversal zone (blue arrows).
  
  
• Current Setup: MACD is tightening into a squeeze, sitting in a bottleneck, gearing up for a breakout either way—not clear yet.
  
  
• What I’m Watching: If it follows the same pattern, we could see another drop to the bottom trend line before any reaction. If it breaks below, the downtrend could extend. If it holds, history suggests a bounce.
  

Right now, just waiting for confirmation—need to see how price reacts before making a call.

Note:

Platinum Market Overview

The platinum market is projected to record its third consecutive annual deficit this year, with demand outpacing supply.

Impala Platinum Holdings Limited (Implats) Update

• Implats is scheduled to release its Interim Financial Results for the six months ended December 31, 2024, on February 27, 2025.
  
• Given the anticipated market deficit and sustained demand from the automotive sector, the platinum market may experience upward price pressure. However, Implats' operational challenges and the broader industry's cautious outlook on new mining projects is likely to influence the company's performance.
  

5月21日

交易結束：目標達成