ETPS PLATINUM TRUST (PPLT)NYSE
  Report No. 2448    Analysis by: Harry Aloof     FEBRUARY 5, 2013

ETPS PLATINUM TRUST (PPLT-NYSE): 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 low of $162.73 on Jan 28, 2013. Another rally saw prices penetrate resistance line "A", 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 downside 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
                          

Three Part
Technical Chart

Daily Candle Stick Chart
Point & Figure Chart
Technical Study

Price Objective:
$198.00
Risk/Reward:
$3.88 VS. $30.37
Risk/Reward Ratio:
8:1

 

 

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