NPH.JSE Northam Platinum Prints a Cup & Handle Pattern

2 oct.

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.

3 oct.

Note

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

7 oct.

Note

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

8 oct.

Note

2 More Handles Added.

28 oct.

Note

Both Targets achieved.
Holding.

12 déc.

Transaction en cours

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.