SIGNAL TERMINATION – PALLADIUM LONG – TAKE PROFIT
ORIGINAL TEXT: Palladium long – Buy Stop. During today, CA analysts successfully closed long position at Palladium from last week with the expected profit. Although the original foundation is still valid – in 2020 palladium recorded its fifth consecutive year of profits and similarly, according to many analysts, it should be this year as well. The expectation, albeit a modest, recovery of the economies after Covid-19 begins to retreat with regard to the vaccination of society could help. This may seem like a long-distance run, but a short-term analysis of the rise in the price of the metal seems appropriate after a rebound from support at the end of January – it is seems appropriate to check the purchasing power of bull traders in uncertain times. Therefore, CAs publish a long analysis per track.