Anglo American Plats rare metal and rare formation showing upsid

Broadening Formation (Vuvuzela) and W Formation is forming on AngloPlats.

We are seeing synergy with the upside with the platinum price and platinum stocks.

I guess no suprise knowing they work in tandem with each other.
Also, there is a good chanc eof upside with the price above both:

Price>20 and Price>200

Wait for break above the necklines and we could get a Target of R1,001

Moving onto the fundamentals:

The increase in Anglo American Platinum's stock price in 2024 can be connected to the broader market dynamics affecting platinum prices.

Factors like a global supply deficit, driven by production challenges and rising demand from sectors such as automotive and green technologies, contribute to the metal's price increase.

As Anglo American Platinum is a major producer of platinum, these market conditions likely positively impact the company's stock price by enhancing profitability prospects due to higher platinum prices.