On January 26th, I posted about $PLAT, the Platinum Futures... In particular, the WEEKLY chart showed a clear cup and handle consolidation pattern that had broken out to the upside violently. It turns out there was a strike in the South African mines. However, in the past couple of weeks we have seen a massive jump in the price here. The RED horizontal line represents the old highs and the DARK BLUE CIRCLE captures the recent jump...As far as shorting it, I wouldn't get in the way, just keep an eye on it...
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