platinum continues to shine - peter brandt - factor trading

Platinum Continues to Shine

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Platinum Bull Market

The dominant chart construction in Platinum is the completed 9-month H&S bottom on the weekly and daily graphs with an implied profit target of 1179. Note the near perfect Apr 25 retest of the neckline on the daily chart. The strength on Apr 28 goes a long way to confirm the H&S bottom interpretation.  Is this a Platinum bull market!

 

Platinum bull market - Factor Trading - Peter Brandt - Platinum Chart $PL_F

 

Platinum bull market - Factor Trading - Peter Brandt - Platinum Chart $PL_F 2

Factor Trading is long Platinum and well positioned with a protective stop in place.  To consider Factor Membership options, please visit our home page for further details.  https://www.peterlbrandt.com

 

plb

 

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