Interesting pattern I noticed on Palladium chart,...

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    Interesting pattern I noticed on Palladium chart, historically...

    https://hotcopper.com.au/data/attachments/6078/6078351-a6b172bc9d3f1b673a37e9c64ecef4dc.jpg

    Looking more closely..

    https://hotcopper.com.au/data/attachments/6078/6078383-dc78211296982b0d668fb08873bfae68.jpg

    https://hotcopper.com.au/data/attachments/6078/6078377-bd148dba1836227367956edc1cf1c4b4.jpg

    Leading to now...

    https://hotcopper.com.au/data/attachments/6078/6078368-3eaac99fa700a081fc88b4dbc646dfff.jpg

    So basically -

    A huge spike of around 6X, that is almost entirely retraced, back to a long-term trendline.
    Then, a fairly rapid bounce off that trendline, worth about 100%
    Followed by long term fluctuations that probably aren't worth bothering with.

    There's your trade.

    Last edited by DmitriMA: 04/04/24
 
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