I wont repeat the technical analysis mentioned thus far - which i agree with - but will also add that PLA is close for the EMA 30 and 60 day to cross the EMA 200. On a backtest basis you will see that this has proved a very strong indicator for PLA for both the MT- LT entry and exit.
Fundamentally i am very bullish on platinum for the same period.
Discl. Medium holding of PLA, MT
PLA Price at posting:
$1.03 Sentiment: Buy Disclosure: Held
