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Implats Head and Shoulders

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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? 

5 REPLIES 5
Russ
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.

Blik2
Contributor

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

Threshold5
Contributor

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

SimonPB
Valued Contributor
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.