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BrianClow
Apr 12, 2021 3:06 PM

MP Interesting intersection Long

MP Materials Corp.NYSE

Description

I am seeing a long term trend line being tested along with a long RSI trend being tested. Those two things and a decent support support line will converge this week. I think that could explain the low volume so far today. I would love to see a big move up tomorrow, but this one has been confusing at times so will wait for confirmation tomorrow or Wednesday. Within a couple months, I will believe we get back to $45-$50.

Comment

Looks like the market didn't want to move up and we are in for a longer wait. Sucks, but I still believe in this stock long term.
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