About a month ago I did a chart of nkp (but didn't post) just playing with Elliot Waves to see if anything would come of it. I'm not sure of how good they are in predicting many weeks out, but after four weeks the pattern has done what it was supposed to do so far. To complete the pattern nkp will have to get down to .42 or approx 1.618 times the 'a' wave.
Holders will shudder at that prospect, but might bear watching.
The lower pink line is the comparative price of platinum
from may 7
recent chart
About a month ago I did a chart of nkp (but didn't post) just...
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