SPPP, Sprott Platinum/Palladium buying opportunitySPPP, in clear uptrend, above moving average on 3Hour candle stick chart. Stochastic near oversold area. Any further weakness could be used for opening long positions around current levels.
Sprott Physical Platinum and Palladium Trust
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In-depth trading ideas
SPPP bottoming for multi year retrace
Several fundamental drivers backing the physical market of platinum and palladium such as institutional positioning, supply constraints, new deposit discoveries declining and misunderstood demand drivers across industrial market. Technicala offer a fairly simple setup based on a multi-year trendline starting from 2016 and a fib retrace to pull the price inline with established trend offering an initial target in coming years between 14 and 16. Additionally we can observe the RSI over the mont
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Platinum having a new bull run?I have been buying SPPP for several years now and have been cost averaging down. Platinum has been in a down trend for years. Finally, it looks like Platinum has bottomed and is in a new uptrend. SPPP has broken a long time downtrend line, popped above it and is now retesting. With gold, silver, copper popping higher and higher, it is only a matter of time till Platinum catches a bid. I bought another bunch of shares looking for a continuation of the uptrend. If it fails, we might retest t
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Complex iH&SMulti-shouldered Multi-headed inverted head & shoulders with a bullish daily Cloud
entry: accum when confident, add on breakout
exit: 1.618 + measured move $11.80-12.69
stop loss: <R Shoulder $9.00
NFA
Long
SPPP-SPROTT PHYSICAL PALLADIUM AND PLATINUM PROFITSI made good profits with this in a short time swing trading this etf. I loved it. Why mess with bitcoin crypto or even gold when I can make money with this.. Anyway. Now its in a bear trend and looking to get back into this etf if it shows some promise. As you know the prices for Palladium and Platinum have skyrockted and have done even better than gold . Catalytic convertors are being stolen from cars at record numbers everywhere thorugh out the nation. Watch this video for details. Give me a
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only the keen eye can spot itHeck, even a two year old can see it.
Palladium and platinum are THE investment of the decade IMO. Followed by silver/copper/gold in that order.
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SPPP boom on the horizon? Here's a potential catalyst...Thesis: Russia/Ukraine tensions threaten to disrupt the global supply of Palladium- a precious metal used to produce semiconductor chips. Small chip producers, particularly in smaller countries like Taiwan, companies may not be able to get their hands on enough supply. Palladium prices may increase if that happens....Plus, from a TA perspective...check out the perfect inverse head-and-shoulders. This looks like a strong buy, and I'm hunting for a few more diversified bets to (hopefully) seize th
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Indirect short on palladium via SPPPNot a pure palladium play but it seems that SPPP moves very much in tact with PA futures and PALL Palladium ETF.
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Palladium, It's Going to Be Fine...AMEX:SPPP gave me a scare this week when the stock plummetted, but it seems it will likely make a full recovery and continue its bull run, at least in the short term.
The price of palladium and platinum are based on two things: supply & demand. However, it is more complicated than that. There is also market speculation on supply and demand which is often seen as directly linked to overall market performance. Overall market performance seems to dictate the swings of AMEX:SPPP so much so th
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