Get started
p4917

Bullish pump in Rhodium?

Long
DB ETC PLC XTRACKERS PHYSICAL RHODIUM ETC (LSE:XRH0)  
p4917 Updated   
LSE:XRH0   DB ETC PLC XTRACKERS PHYSICAL RHODIUM ETC
Support and Resistance Chart Patterns Moving Averages Bullish Patterns rhodium commodity industrialmetals patternrecognition Metals industrials
1
1
supportandresistance chartpattern movingaverage bullish rhodium commodity industrialmetals patternrecognition metals industrials
If the 200 period MA supports the price, it seems like a good buying opportunity with a stop-loss order below the local low at 1750 USD. Price quotations over 1900 USD are a good sign for continuing the bullish trend. At least targeting the ATH at 2600 USD.
Comment:
Of course no financial advice - just an idea. ;)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.