AskDrBurt

PLG PLATINUM GROU METAL

Long
AMEX:PLG   Platinum Group Metals Ltd.
Platinum price really needs to move above $1226 in order to have PLG advance farther. Since palladium price is hitting ATH I believe many car manufactures will substitute to Platinum for catalytic converters. RSI is in uptrend mode which is a good sign. looks like an entire PM sector is waking up after long consolidation period. This is 3rd attempt for this stock to break out of its consolidation framework.
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