RE: Will Friday seal the deal?9 Jul 2020 22:03
Completely agree Velo with your summary been looking at the trend lines to. One thing you have not mentioned is volume, the momentum of this stock has been picking up since the 26th June, a key indicator of a good breakthrough of 200 day MA and not for a bounce. Backed up with a good value investors price to book, PEG, cash in the bank I rate this as a Strong Buy now. Only issue I have niggling in the back of my mind is that traditionally, historically, as gold prices increase platinum is dormant or declines. However, as China is gearing up again, emerging markets are gearing up and thus their automotive sectors and the requirements on them, or eventual requirements on them for catalytic convertors this again from an economic stand point be a strong buy stock.