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Palladium
The Options Trader’s Guide to Technical Analysis
If palladium is able to break the downtrend line shown in the chart above, this rare metal will become the momentum play of 2010, and the stocks
in this sector will explode higher.Palladium appears to be in a rare bullish descending
triangle. If it can break through the point marked #3, chances are we will see a swift upward move. Such a strong advance is unusual, but when
it happens, the it is one of the most violent upside moves you will ever encounter. And that is what palladium’s chart is suggesting will happen.Now that we’ve covered three hot metal sectors, let’s move to three of the best metal stocks to trade.
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