StopHunter
2022-08-09
$Palladium - main 2206(PAmain)$set for a longer term bullish bounce? A supply side squeeze + other factors + big demand could see palladium sky rocket!? What are the charts saying? (See attached)

Currently BULLISH

Key price zones: 
- 1750 / 2000 = downside support.
- key price break up area >2250
- 4000 much longer term upside?

Targets & Risk Management....

-Bullish upsides: T1: 2650, T2: 3200, T3: 3800
-Bearish Downsides: T1 1600 T2 1200 T3: 1000
-Stops: Bullish 1980, Bearish 2300

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Comments

  • Papa Bear
    2022-08-09
    Papa Bear
    forming higher lows & higher highs? [lovely]
  • BellaFaraday
    2022-08-11
    BellaFaraday
    I have a feeling Palladium is going to go up a lot.
  • DonnaMay
    2022-08-11
    DonnaMay
    Let's wait and see what PA does in the future.
  • HilaryWilde
    2022-08-11
    HilaryWilde
    It looks like the 2250 is the key to it.
  • PandoraHaggai
    2022-08-11
    PandoraHaggai
    What industries will need Palladium.
    • StopHunter
      The largest use AUTO -  catalytic converters and also jewelry, dentistry, watch making, blood sugar test strips, aircraft spark plugs, surgical instruments, electrical contacts.
  • EvanHolt
    2022-08-11
    EvanHolt
    Not many investors are paying attention to Palladium
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