This has been a despointing few weeks I think this has a shot way oversold. has an uphill battle of resistance along with MA if it can change trend and move past 200 id be a happy man
Short all commodities including MP materials. Copper and other shit is already falling.
Potential setup here at channel bottom with 200 dma and daily + weekly rsi support. gotta respect the stop below the volume node outcrop at 37.60, in case it continues to drop to the larger volume node and demand zone between 35-32. worth a shot i think
MP has been a strong stock and looks to be putting in a successful retest of prior resistance. It is finishing strong and has good volume today. I'm already long this name, but would consider this a good spot for new longs as you can set stops below today's low. My stop loss will move up to that spot.
$MP in the commodity space as well potentially setting up a pullback buy back to its base breakout. Watch how this evolves next week.
$MP made a new ATH just recently as I was/am expecting this stock to go far, however, the wave count and the indicators show that the price acceleration has taken the stock to the overvalued zone. The price can still go up if momentum traders pick up the stock and push it more towards the sky, however for long term investors the valuation is becoming rich for what...
This first entry got stopped out and now MP Materials is higher, however it is now hitting the 1.13 retrace and may be setting up to come back down within the range if this is a false move like i expect it is. I will officially call the trade off it it trades above the level of $62 and my profit taking targets will be first $30 then $10. I will be trading this in...
MP made a New All Time High yesterday 1 year Long Base More than double volume on breakout candle 68% Institutional Ownership
We have Bearish Divergence at the PCZ of a Bearish Gartley with somewhat of a double top and from the looks of it our major target will be $3.43 once it breaks the neckline.
MP Materials ($MP) was awarded a $35 million contract by the Department of Defense (DoD) on Feb 22, 2022, to design and build a facility to process heavy rare earth elements (HREE) at the company’s Mountain Pass, California production site. This project will establish the first processing and separation facility of its kind for HREEs in support of both defense and...
1. We did the first pullback 2. Good breakout with volume 3. 3 Market Phases Playing out 4. War Catalyst. Let's see what we get here.
$MP has been, for sure, one of the best SPACs when it comes to performance. SPACs got hammered multiple times. Barely did some of the known ones hold the $10 ground and some of them now are traded in $2-$3 range per share if now lower. I had a very high conviction on $MP from its DA announcement and I am holding it from before the merger. Today, I see more...
Hi Traders, I had Long position in MP Materials, because I realy like their business model and really think that in long term US government should and will be supporting companies which provide Rare materials for EV/Battery/drones/... and related sectors. Regardles, the Fundamental Analysis.... Technical Analysis cannot be ignored. You can se alredy formed 1:1:...
Bullish due to increased raw materials prices and technical indicators show an increased interest in the relative young stock
Watch for a repeat the last time we crossed above 70 rsi we had an exponential move. obviously, we have resistance here what I'm saying is this zone could have a dramatic move not sure which way. logic suggests down but.. we are in the exponential age.
This might be the best play of 2022 Clean count, Fib time confluence, incredible relative strength since Oct, just broke ATH and found support at 21 EMA. "picks and shovels" play in EV space gives exposure to growth landscape w/o the risk. This company is the only domestic rare earth mining play giving it particular geopolitical importance over the next decade...
$MP - Materials Corp. seems to be moving well above EMAs and good volume. Very bullish sentiment PT 1 - $56
I've had my eye on this one for a few weeks now. I'll be looking for some volume to break out of the downtrend line with the idea that there is overhead resistance to be taken out. Once / if it can get over that area it's clear skies ahead, IMO. See notations on chart. This one may be worthy of your watch list. Ideas, not investing / trading advice.