Platinum Weekly Chart
January 26, 2024
I was looking to place a horizontal trend line at the area with most contacts, and it looks to me that platinum might now be at the lower end of a wide range, and a possible buy. I will also look into palladium this weekend, and if it is similar, will be inclined to buy some miners in that group as well. A stock like SBSW is trading at just 4X earnings of $1.05 last year, a valuation that is hard to ignore.
