Community

Share knowledge. Find answers. Ask questions.

Online Share Trading

Engage and learn about markets and trading online

Implats Head and Shoulders

Reply
Blik2
Contributor

Do any traders see / confirm a possible head and shoulders formation on Implats: left shoulder around April 2016, and right shoulder at present? 

0 Kudos
Reply
5 REPLIES 5
Highlighted
Super Contributor

I see it Blik2. On the other hand there also appears to be a reverse head and shoulders formed since Oct 2016-we are just seeing the right shoulder forming now. When I see conflicting signals like that I prefer to wait and see.

Reply
Blik2
Contributor

I am sitting and wating too. I made a little in the uptick from early January, but was stopped out.

0 Kudos
Reply
Threshold5
Contributor

It's all about the US dollar driving the platinum price.

0 Kudos
Reply
Valued Contributor
0 Kudos
Reply
Blik2
Contributor

Hi Simon.....not sure how.  I see I can post a video....but not sure how to insert a graphic / Jpeg......let me try find out, and I'll post as soon as I can.

0 Kudos
Reply