Breaking: TMC the metals company Inc. (TMC) Spike 11% TodayTMC the metals company Inc. (TMC) saw a noteworthy uptick of 11% today albeit market sentiment. The stock is gearing for a move to the $20 resistant should it break above the ceiling of the $10 pivot.
With the RSI at 58, the $20 move is feasible amidst bullish momentum. However, in the case of a drawback, the $5 support is still open for cool-off.
In another news, Bloomberg reported last week that the United States is seeking to forge alliances with eight other nations to fortify the national supply of critical minerals used in artificial intelligence (AI) technology.
While China lifted the export restrictions on certain critical minerals after a meeting between President Trump and President Xi in October, the U.S. is committed to reducing its reliance on the other nation.
About TMC
TMC the metals company Inc., a deep-sea minerals exploration company, focuses on the collection, processing, and refining of polymetallic nodules found on the seafloor in California. It primarily explores for nickel, cobalt, copper, and manganese products. The company holds exploration and commercial rights in two polymetallic nodule contract areas in the Clarion Clipperton Zone of the Pacific Ocean.
