Tag Archive for: PL_F

platinum continues to shine - peter brandt - factor trading

Platinum Continues to Shine

/by

Platinum Bull Market

The dominant chart construction in Platinum is the completed 9-month H&S bottom on the weekly and daily graphs with an implied profit target of 1179. Note the near perfect Apr 25 retest of the neckline on the daily chart. The strength on Apr 28 goes a long way to confirm the H&S bottom interpretation.  Is this a Platinum bull market!

 

Platinum bull market - Factor Trading - Peter Brandt - Platinum Chart $PL_F

 

Platinum bull market - Factor Trading - Peter Brandt - Platinum Chart $PL_F 2

Factor Trading is long Platinum and well positioned with a protective stop in place.  To consider Factor Membership options, please visit our home page for further details.  https://www.peterlbrandt.com

 

plb

 

##

Factor Update, May 1st

/by
This content is for members only

Factor Update – April 24th

/by
This content is for members only

Precious Metals Alert

/by
This content is for members only

Charts of the Day for November 13, 2014 — Some excitement ahead

/by

 

Gold, Palladium, Platinum, CATO, Crude Oil

Keep your eyes on the precious metals. Gold and Palladium could be bottoming. A decisive close by Gold above 1180 and then above 1202 would be strong indications that the 3+ year bear market has run its course.

11.13_GC_D

Palladium is forming a 9-week H&S bottom pattern.  The key levels to watch for the next direction are the Nov high at 809 and the Nov low at 746.25. More bearish is the Platinum chart. A new low under 1186 would not be constructive.

11.13_PA_D

11.13_PL_D

The weekly Crude Oil chart explains the current weakness. The 3-1/2 symmetrical triangle on the weekly chart has a target of $50. Look for real estate deals in North Dakota.

11.13_CL_W

Kuddos to Factor member Paul S. for alerting me to CATO. On Tuesday he correctly interpreted the continuation H&S pattern in this stock and is profiting accordingly. Way to go, Paul.

11.13_CATO_D

 

###

Have precious metals begun a new bull market?

/by
This content is for members only

A chart update on the metals, other markets

/by
This content is for members only

A chart so potentially bearish it is breathtaking

/by
This content is for members only

The latest charts for Gold, Silver and Platinum — Look Out Below!!!

/by
This content is for members only