weekend charting easter, page-77

PLA

Platinum Australia....a frustrating share this year. Platinum has almost doubled in price whilst the share price has gone nowhere!

But we have Citibank and Soros both taking substantial holdings in that time.

We can also see on the chart a long term accumulation pattern. ( my optimism for PLA reminds me on EXT being held back at 1.20 for months of pain and bordem before it's massive rise) ( anyway )

I posted an earlier version of this chart in the Day Trading thread on Thursday morning and by the afternoon we had lift off ( of sorts ) It looks to test resistance at 1.25ish... a ST 25% return worth looking at imo. Trading well over $2 before the GFC.