Platinum new 52 Week High, Gold makes a move as well

All metals had a really good move today, above is Gold and Platinum.   Silver was the strongest by far.

Yesterday I suggested that the pull back was favorable as today you can see why.  The pull back gave this stock a lot more room to run today.  4.60% increase putting my 21 strike call options in the money.   The technicals look strong, however the stock is overbought and the MACD histogram is still having higher ticks.   Expect a retest of the 20 MA with in a month or so.  At that point we could see stronger buy pressure.

Not in as good shape as IMG.TO but YRI.TO Yamana Gold is looking good from a technical stand point and with gold continuing its upward movement breaking of the 50 day MA would be very bullish.  However, the bollinger band is right above it providing stronger resistance.  Currently I am sitting on call options for 12 strike on this stock as well.

PTM.TO  I am expecting to move tomorrow.  Platinum is making new 52-week highs, and the stock bounced from the 50 MA late on Feb 8th.  MACD has just had a positive tick, however stock is over bought.  My current strategy will be take 2/3 profits at 2.49, and pick up some silver or small cal oil plays.

With Oil being so high over the last quarter I expect producing small cap oil companies to do relatively well. Will be looking into small caps and posting potential stocks that are potentially tradable.