Update to my post Post #: 74487642
Pt trading at about $1011 atm. Here is the analysis of the above chart by graddhy.com"Just like silver was, #platinum is now sitting right below a historical, huge blue breakout line. A generational breakout and opportunity is incoming also for platinum.It has now been basing out for about 10 years just like back before the start of the secular bull market back in the 90´s. And in 2020, it resumed its secular bull market after a 13 year long cyclical bear market. The coming blue breakout will confirm resumption of the secular bull market. Also, the blue breakout will mark the start of wave 3, which is the strongest and most profitable bull market phase.As said for 4.5 years now - do make use of the greatest commodities bull market ever seen. It will be your greatest market opportunity in life."
This bear market has been a killer both mentally & financially. Mentally: Have I made the right call despite years of due diligence & research? Financially: the paper losses cumulating to 46% of a substantive portfolio.
TA has given me the objective & rational understanding of the market direction but unfortunately not the depth and duration of the bear market. A bit like the Heisenberg Uncertainty Principle applied to the stock market. So mentally, I've put the emotion aside, difficult but necessary. Financially, a paper loss isn't the same as a realized loss.
I conclude that we haven't seen the ATH in CHN's sp. I wish I had more cash to substantially increase my holding.
Hang in there LTH'ers. If I'm wrong, I played the money game incorrectly and lost big time.
Time will reveal the truth of my judgement call.
CHN chart, page-8409
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Last
$1.42 |
Change
0.045(3.27%) |
Mkt cap ! $552.3M |
Open | High | Low | Value | Volume |
$1.38 | $1.47 | $1.38 | $3.755M | 2.633M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | $1.42 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.43 | 92785 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 1.415 |
3 | 10646 | 1.410 |
1 | 10000 | 1.405 |
1 | 2700 | 1.400 |
1 | 1000 | 1.380 |
Price($) | Vol. | No. |
---|---|---|
1.455 | 3500 | 1 |
1.465 | 4900 | 1 |
1.480 | 21157 | 3 |
1.485 | 19000 | 2 |
1.490 | 5000 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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