ETPMPD etf chart
Nice spike in volume leading to the breakout from the Falling Wedge.
My Upside Target $220 - $300
i.e. 50 - 100%
On fundamentals, Palladium has moved into surplus,
BUT uses in Green Hydrogen technology add to the bullish scenario.
https://aheadoftheherd.com/palladium-and-palladium-one-at-the-forefront-of-new-hydrogen-economy/
(Main use so far has been in catalytic converters)
Also, having fallen back to almost the same price as Platinum,
loss of demand due to substitution of the cheaper metal
should revert.
- Forums
- ASX - General
- Palladium turning around...
Palladium turning around...
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
SPONSORED BY The Market Online