PLATINUM GROUP METALS LTD. ORDINARY SHARES (CANADA) AMEX:​PLG

The previous analysis saw the phase of weak growth well. Therefore, following the movement of the exchange rate, we expect a more robust increase. Which can be a second wave of a double wave structure. The target is 2.36 usd. The current level is a 44% increase.

The exchange rate builds on a double rising wave structure. Low commercial volume, low ATR, low speed. The result of this is a weakly rising exchange rate, in which a sudden correction may occur. In our case, a 20% correction movement. This is worth waiting for. Then look for a long position entry. This gives you an almost 46% profit. The target for the second ...

There is a wave structure in the movement of the exchange rate. This is far from the textbook Elliot wave structure, which is called sinus waves. The figure shows the axis of the fractal points (gray-blue) and the thick green axis that is the axis of the exchange rate and wave. Farther from the exchange rate. The reason for this is that there is very little ...

The exchange rate has begun. The primary target price is 0.2445. Then we expect an increase of 0.4294 This is a 130% profit forecast from the current level.

PLG next step 0.2445 The exchange rate may continue to rise. By calculating a relatively large statistical probability, the next target price can also be specified. The distance D1 ATR measured at the turn is added to the distance of the upstream wave ATR. At this point, 0.2445 target values are obtained. We expect this to be the next raise level target price.

Base channel highlighted in Blue.

The figure shows two exchange rate movements. I would not say fractal structure because the second structure is smaller than the first one. or just the similarity that characterizes the fractals. Why can you turn? Because the first structure over the wave axis was 15% closed, until the second structure was 30%. So the exchange rate rise in the second case is ...

The exchange rate is present at the accumulation stage. You can build the base of the next rising wave structure. If the theory is true then the exchange rate may be in front of two wavy rising wave structures. This target price is 0.3760 usd.

The exchange rate is in front of the next rising wave structure. The next target price is 0.2603 usd.

The exchange rate may continue to rise. In the coming days, we are expecting the rise of a BC wave of a rising ABC wave structure. The next target price may be around USD 0.2481.

It is likely that the exchange rate will continue to increase. The upward wave structure currently underway may increase to close to 0.5300 levels. There is an ATR axis at the resistance level. Then there will be a correction. This level of support can also be given by a D1 ATR shaft. It's somewhere around the 0.2900 level. Then a new wave of gain (BC) may begin. ...

The predicted path of the exchange rate is shown in the figure. Two strong axes are visible along the way (purple line) both ATR axes the D1 ATR upper axis can be the first resistance line of the exchange rate rise. The lower ATR axis is the line of correction support. The 1.18 usd target price level is the maximum available distance from the current speed and ...

The exchange rate has been rising steadily for several days. One of the world's largest PGM mines is ready to go. Mining licenses are on their way. The mine is active for 20 years. Fundamentally, platinum demand forecasts for hydrogen powered vehicles.

The exchange rate was very slow, but it started to rise. Slow start-ups are, in many cases, better because they can produce longer wave structures. If the movement of the current movement is generated by the wave motion, then a backstroke whose level can be given by an ATR axis is expected to increase further. The target price for this rise is around 0.1900 usd. ...

The price of PLG is in the outbreak. Reduced ATR with increasing traffic. For the first rising wave, it can be around 0.1249. If an ascending wave motion is formed (ie not a pulse wave) then a more persistent increase can be assumed. Until now, impulse wave breaks were unfortunately. Simple short sqeeze.

PLG shares before the rise. We have little information about the South African Wateberg PGM project. However, we indirectly know that the external engineering office involved in the work is the project of the "largest" project of mine now planned. The company is looking for a HR project manager. Back to the technical picture. The exchange rate moves in two types ...

PLG hope or death. PLATINUM GROUP METAL shares have seen better days as well. But they are not the ones. The exchange rate has been in a decreasing trend for a long time. The time for a technical rebound is coming slowly. It is equally a question when the decreasing fractal wave structures and the increasing fractal wave structures are changed based on the same ...

PLG short squeeze with 4 times gain. The last drop of the exchange rate is visible. The wave structure could end at 0.1877 levels. From this level a so-called "SHORT SQUEEZE" is expected. The snort sqeeze wave can be a dual wave motion. The 0A wave is the first, with a target price of 0.3692. Then I expect a correction wave. The AB correction wave is a half wave ...