MP - Sitting on a sweet spot to go long, started it's move already.
Formed a giant falling wedge on weekly
Sitting above volume shelf
Above IPO VWAP and ATL VWAP
Wave 3 in progress
If E.R goes bad, can fill the gap below but give a better buying op.
Target 1 - 80
Target 2 - 100
Target 3 - 120, after a shallow pullback
Target 4 - 150, least probability.
Stop loss - if you are adding on dips for long term, have a wider stop - 30
Stop loss - if you are swing trading for short term, have a tighter stop - 60
Formed a giant falling wedge on weekly
Sitting above volume shelf
Above IPO VWAP and ATL VWAP
Wave 3 in progress
If E.R goes bad, can fill the gap below but give a better buying op.
Target 1 - 80
Target 2 - 100
Target 3 - 120, after a shallow pullback
Target 4 - 150, least probability.
Stop loss - if you are adding on dips for long term, have a wider stop - 30
Stop loss - if you are swing trading for short term, have a tighter stop - 60
Trade active
Closer look, All rare earth names are moving good.. 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.