Sylvania Platinum for 5/11/2019

#GOLD #SP500 When asked to review #Sylvania, it occurred we very rarely pay attention to this, one of the Earths rarest metals. Spanish miners once regarded it as an unwanted impurity in the silver they were mining, a mistake unlikely to be made today. There’s something happening with the price of platinum and we’ll deal with that first.

Presently trading around the 950 dollar mark, Platinum looks very capable of heading to 1,030 next. If exceeded, we expect some stutters around our secondary calculation of 1,060 dollars. The price needs reverse below 930 dollars to provoke hysterics against these calculations.

If Sylvania Platinum share price intends reflect the change in fortunes for the metal itself, price growth now above 39.5p suggests coming recovery to an initial 43.8p. If exceeded, our secondary calculates at a longer term (or later that day!) 49p.

Achieving 49p is liable to be almost game changing for the longer term. If the share price manages to close a session above 45.5p, it enters the hallowed lands of “the higher high”. To us, this means we require extrapolate price movement from 2013 to calculate the force driving it for the future. While this sounds like complex mumbo jumbo, it’s fairly simple logic which implies, essentially, positive market conditions allow a long term attempt at 61p before we run out of numbers.

At present, the share needs below 32p before we’d feel our optimism is about to be trashed.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:07:03PM	BRENT	61.96									Success
10:08:51PM	GOLD	1510.43	1504	1499.5	1494	1512	1514	1516	1520	1504
10:11:18PM	FTSE	7373									Success
10:13:32PM	FRANCE	5826.5									Success
10:27:39PM	GERMANY	13132									Success
10:30:52PM	US500	3079.02	3073	3069.5	3064	3082	3086	3099.75	3135	3039	Success
10:34:04PM	DOW	27458									‘cess
10:36:15PM	NASDAQ	8216.37									Success
10:39:29PM	JAPAN	23137									Success

4/11/2019 FTSE Closed at 7369 points. Change of 0.92%. Total value traded through LSE was: £ 4,900,286,853 a change of -8.27%

1/11/2019 FTSE Closed at 7302 points. Change of 0.75%. Total value traded through LSE was: £ 5,342,127,869 a change of -12.99%

31/10/2019 FTSE Closed at 7248 points. Change of -1.12%. Total value traded through LSE was: £ 6,139,753,782 a change of 11.95%

30/10/2019 FTSE Closed at 7330 points. Change of 0.33%. Total value traded through LSE was: £ 5,484,235,986 a change of 6.15%

29/10/2019 FTSE Closed at 7306 points. Change of -0.34%. Total value traded through LSE was: £ 5,166,736,018 a change of 9.98%

28/10/2019 FTSE Closed at 7331 points. Change of 0.1%. Total value traded through LSE was: £ 4,697,887,789 a change of 4.65%

25/10/2019 FTSE Closed at 7324 points. Change of -0.05%. Total value traded through LSE was: £ 4,489,255,680 a change of -20.08%