$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...
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...
$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:...
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...
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.
MP Materials long to resistance ~48-49 area. Stoch RSI looks good here, and I expect that the GM deal + inflationary tailwinds will aid the next move up. Stay tuned...
$MP 's 1st natural pullback post is base breakout is holding up very well in the face of this market and the damage in other growth names.
$45 is the level to watch from there.
She's acting strong so far.
$MP is a growth stock with some great earnings and sales numbers.
Its been working on its base since it topped in March 2021.
Settling into a rectangle trading range.
Still wide and erratic on the right side
orange bars is what i would like to see to get interested
www.tradingview.com
This is the Watch List for all 10.
They all have cleared the cloud and closed Green. Some have the potential to dip to find support. However , some like this one MP looks ready from right here. All have Green Clouds that are moving up. Some however have some deep slopes of previous Red Clouds that they just worked there way through. I...
