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SKYLOBSTER
Dec 31, 2019 2:20 PM

Platinum About to Rock out with its  Long

Platinum FuturesNYMEX

Description

This could be the push I have been waiting for since we last tapped 1000. Platinum is mainly used for catalytic converters in electric cars. My Nio calls doubled so maybe this will too.

Comment

Moon. fackin. Lambo.

Comment

I hope this trade did you all well. The one contract gain was around 10k. Pl is one of the cheaper margin contracts too ; )
Comments
HappyChartMore
Electric cars do Not have catalytic converters.
SKYLOBSTER
@HappyChartMore sorry something in EV’s.
HappyChartMore
@SKYLOBSTER, I think demand for platinum will rise in automobile space instead of palladium.Bullish Platinum
SKYLOBSTER
@HappyChartMore, That is my Primary thesis, other than a perfect monthly chart. Lets do this.
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