ETFS Physical Platinum Shares Breaks Above 200-Day Moving Average - Bullish for PPLT

In trading on Monday, shares of the ETFS Physical Platinum Shares ETF ( PPLT) crossed above their 200 day moving average of $139.68, changing hands as high as $140.36 per share. ETFS Physical Platinum Shares shares are currently trading up about 0.6% on the day. The chart below shows the one year performance of PPLT shares, versus its 200 day moving average:

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ETFS Physical Platinum Shares 200 Day Moving Average Chart

Looking at the chart above, PPLT's low point in its 52 week range is $127.34 per share, with $160.01 as the 52 week high point — that compares with a last trade of $140.32.

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