NPH.JSE Northam Platinum Prints a Cup & Handle Pattern

2024年10月2日

Northam Platinum Prints a Cup & Handle Pattern which is Bullish.
The Target Zone has been Project Up to show a Potential Upside of +- 19%

Remember these Patterns are only on average about 75% correct, and need Patience and Conviction to play out.

As always, please get a few outside Expert's Advice before taking Trade or Investment Decisions.

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Regards Graham.

2024年10月3日

註釋

Looks to Print 2 Handles.
Possible weakness due to Geopolitical Tensions?

2024年10月7日

註釋

High Resistance around R118 Area. The big guys need to come in.
Conviction and time / patience needed.

2024年10月8日

註釋

2 More Handles Added.

2024年10月28日

註釋

Both Targets achieved.
Holding.

2024年12月12日

交易進行

The Price retreated after Targets were achieved.
Back to a support Zone, and a possible retrace for some upside in 2025.
Will watch and Update Soon.

1月17日

交易結束：目標達成

A new Cup and Handle is forming.
Will re-do this chart soon.
Highs Target is lower than before at +- R130

2月11日

註釋

PGM's and Trump Tariffs - with a zero Green position severely hurt's this sector big time.
As always, the fundamentals, will override technical's.

前天

註釋

Northam CEO says platinum market "will turn" from current slump.