Market Scheming

Sunday, February 6, 2011

Platinum ahead of Gold, PTM.TO expectations


Comparing other mining companies (gold/silver) such as SSB, AXR, EDR,  PTM has some more room to run based on the Slow Stochastics.  These are all on the TSX.

MACD: not displayed but the cross over looks like it will happen this upcoming week indicating a "buy" signal.



As gold and silver are working their way up through decently heavy resistance areas, Platinum has made the highest high since the recent financial crisis in 2008.  Therefore there is potential for platinum to have a nice run over the next few weeks before a correction to retest that 20 Day MA

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