Platinum is developing a "Bull Flag" pattern on the Daily chart, see right hand side below. The flag is a continuation pattern and the textbook pattern should have strong volume in the "Pole/Mast" and diminishing volume in the "Flag". The flag represents short sellers averaging down to losing positions or short sellers trying to time the top. Should the breakout off the flag to the upside come on increasing volume the short will be asking for a beating with this flag appearing near the highs.
The coverage of Platinum will be a staple in the subscription based service in the daily updates for the time being and trades in the model portfolio are laid out to subscribers.
Tomorrow begins the next issue for the the subscriptions based service. Things should only be getting more interesting in the precious metals arena in February.
(Click on chart to expand)