$PLAT - Chart Link - looks like a
parabolic sell off, sort of looks like Silver did in April 2011 but
reverse. Could get a snapback reversion to mean bounce any
time, or bungee bounce or dead cat bounce whatever you want to call
it.
PPLT - Chart Link - here's the ETF, one
trigger for a quick long would be taking back 50% of Friday's
decline, but a lower risk entry would be if a doji forms tomorrow,
we'll see, these commodities have been horrid, true bear
market.
Platinum going parabolic down
Posted by matt on 5th of Oct 2014 at 05:44 pm
$PLAT - Chart Link
$PLAT - Chart Link - looks like a parabolic sell off, sort of looks like Silver did in April 2011 but reverse. Could get a snapback reversion to mean bounce any time, or bungee bounce or dead cat bounce whatever you want to call it.
PPLT - Chart Link - here's the ETF, one trigger for a quick long would be taking back 50% of Friday's decline, but a lower risk entry would be if a doji forms tomorrow, we'll see, these commodities have been horrid, true bear market.
platinum
Posted by crazybobo1 on 5th of Oct 2014 at 06:23 pm
Lower risk trade is to buy platinum, short gold.