NPH.JSE Northam Platinum Prints a Cup & Handle Pattern

٢ أكتوبر ٢٠٢٤

Northam Platinum Prints a Cup & Handle Pattern which is Bullish.
The Target Zone has been Project Up to show a Potential Upside of +- 19%

Remember these Patterns are only on average about 75% correct, and need Patience and Conviction to play out.

As always, please get a few outside Expert's Advice before taking Trade or Investment Decisions.

Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.

Regards Graham.

٣ أكتوبر ٢٠٢٤

ملاحظة

Looks to Print 2 Handles.
Possible weakness due to Geopolitical Tensions?

٧ أكتوبر ٢٠٢٤

ملاحظة

High Resistance around R118 Area. The big guys need to come in.
Conviction and time / patience needed.

٨ أكتوبر ٢٠٢٤

ملاحظة

2 More Handles Added.

٢٨ أكتوبر ٢٠٢٤

ملاحظة

Both Targets achieved.
Holding.

١٢ ديسمبر ٢٠٢٤

تم فتح الصفقة

The Price retreated after Targets were achieved.
Back to a support Zone, and a possible retrace for some upside in 2025.
Will watch and Update Soon.

١٧ يناير

أغلقت الصفقة: تم الوصول للهدف

A new Cup and Handle is forming.
Will re-do this chart soon.
Highs Target is lower than before at +- R130

١١ فبراير

ملاحظة

PGM's and Trump Tariffs - with a zero Green position severely hurt's this sector big time.
As always, the fundamentals, will override technical's.

أول أمس

ملاحظة

Northam CEO says platinum market "will turn" from current slump.