PLA 0.00% 6.7¢ platinum australia limited

starting to run ! outstanding production , page-21

  1. 7,719 Posts.
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    My thoughts for what they are worth as a newbie to this thread - enjoyed reading the comments BTW. The way this rebounded after the 5c retracement today seemed a big money move (rather than retail buyers piling in). The way this retraced was also suggestive of a big buyer stopping their buying to let supply build up. And I think another big buyer cut their lunch!

    I'm targetting 10 cents by Friday as long as tomorrow is a strong gapping open, otherwise 8.8c. There will obviously be some temptation to sell at around 8c and 8.8c? (10% profit) by some of the CR participants, but that they will hold for a while if it is strong and see what happens.

    Maybe the closing auction today will end at 8c.

    This obviously is a powerful move and not just a firecracker to my way of thinking. I think the sellers are out of puff now and it will not revert to downtrend again without new bad news.

    Good luck to all longs.

    DYOR
 
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