financetom
Technology
financetom
/
Technology
/
No change to platinum price positivity – Forecast today – 5-4-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
No change to platinum price positivity – Forecast today – 5-4-2024
Apr 5, 2024 3:57 AM

Platinum Price Analysis Expected Scenario The platinum price was affected by stochastic exiting from the overbought areas. This caused a postponement of the bullish attack, with fluctuations near the initial support of $920.00. This decline, however, does not pose a threat to the bullish track, relying on the stability of the major support at $895.00 to confirm positivity continuation. Expected Outcome Therefore, the focus remains on gathering positive momentum to facilitate activating the bullish attack and targeting $950.00.

Surpassing this level is crucial to opening the way to reach additional stations, potentially starting at $965.00 and $983.00.

Expected Trading Range Between $920.00 support and $950.00 resistance.

Trend Forecast: Bullish

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Forecasting The Future: 8 Analyst Projections For Analog Devices
Forecasting The Future: 8 Analyst Projections For Analog Devices
Feb 14, 2025
In the latest quarter, 8 analysts provided ratings for Analog Devices ( ADI ) , showcasing a mix of bullish and bearish perspectives. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings...
CyberArk Analysts Boost Their Forecasts After Upbeat Earnings
CyberArk Analysts Boost Their Forecasts After Upbeat Earnings
Feb 14, 2025
CyberArk Software Ltd ( CYBR ) reported better-than-expected fiscal fourth-quarter results on Thursday. The company posted revenue growth of 41% year-on-year to $314.40 million, beating the analyst consensus estimate of $301.31 million. The cybersecurity company posted an adjusted EPS of 80 cents, which beat the analyst consensus estimate of 72 cents. “2024 was a milestone year for CyberArk. Our record...
Beyond The Numbers: 4 Analysts Discuss CEVA Stock
Beyond The Numbers: 4 Analysts Discuss CEVA Stock
Feb 14, 2025
In the last three months, 4 analysts have published ratings on CEVA ( CEVA ) , offering a diverse range of perspectives from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish...
What Analysts Are Saying About Tyler Technologies Stock
What Analysts Are Saying About Tyler Technologies Stock
Feb 14, 2025
In the latest quarter, 4 analysts provided ratings for Tyler Technologies ( TYL ) , showcasing a mix of bullish and bearish perspectives. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1...
Copyright 2023-2025 - www.financetom.com All Rights Reserved