ETPS PLATINUM TRUST
Technical Viewpoint: From a low
of $149.00 on Dec 28, 2012 prices
rallied, reaching a
high of $167.24
on Jan 17, 2013. A
decline saw prices pull back, reaching a
$162.73 on Jan 28, 2013.
Another rally saw prices penetrate
resistance, closing 2/4/13
at $166.62. Technicals: MACD Index (MACD): A Buy Alert!
was given on Feb 4, 2013 when the solid line crossed the dotted line to the upside.
Support: Remains at $163.89. Resistance: Is at $169.30.
Point & Figure: Reversed to the upside on Feb 1, 2013. A P&F upside
reversal takes place at $162.00. Summary: Technical indicators have turned bullish. BUY! ETPS PLATINUM TRUST
(PPLT-NYSE) @ $167.63 Stop: Use a protective stop of $163.75.
ETPS PLATINUM TRUST is currently trading @ $166.62 plus $0.94 on Feb 4, 2013. Price Objective:
$198.00. Risk/Reward: $3.88 VS. $30.37. Today's Risk Reward Ratio: 8:1
Daily Candle Stick Chart
Point & Figure Chart
View full size chart
$3.88 VS. $30.37