MP trade ideas

Karam08

MP is at a critical support which is not just a trend line support, but also the 50MA. If the broader market weakness ends, I can see MP re testing the $50 high this year. Earnings later this month can be another possible catalyst, although I don't think positive earnings will be enough if market is weak. RSI still has room to dip, so I wouldn't be loading up...

nah0

pitchfork says buy lol they got hit below $40 so this a smart pickup imo

UnknownUnicorn15571923 Updated 

rounded out a nice trough and now it's testing the 0.5. Hyper growth room to run, can't see rare earth materials fall out of demand until battery chemistry changes and/or meteorite space mining comes online. Sept 17 60 CALLS LONG $MP

GroundNinja

MP: Long on the forward looking need for rare earth elements that MP produces; Primarily in EV, drones, defense systems, amongst others. Strong above the 50MA and 200MA; Positive performance for the Month: +40%, Quarter: +89%, 1/2Year: +250%. Earnings scheduled for March 18, 2021 after market close.

Xclusive-Trading

Please see the chart for out projected Fibonacci targets for MP if it can hold the breakout level tomorrow. A nice 4% move after-hours sets it up well for Fridays session. Off course it very much depends o the market conditions. We have our stop loss placed just below the breakout level as this stock does have a volatile nature.

Joshh_Tradess Updated 

Descending triangle along a horizontal support 4hr classic bullish divergence MACD and hidden bullish divergence RSI Daily hidden bullish divergence on the MACD and RSI and local classic bullish divergence on the MACD Stop = Below horizontal support 1st Target = ATH 2nd Target = Measured move (from where is breaks the supply line)

SimplyCash

News headlines are indicating greater trade tensions with China as they have reported tightening up their export/supply of rare earth metals to the U.S. The Biden administration is kicking into high gear the ability for the U.S. to supply and source its own rare earth metals to meet the demand of the growing tech/EV sectors. MP broke a critical resistance of its...

tolkifolki

Clean Breakout with target Three Inside Up

krasus76

Add more if it goes to the E area (28-30)

nah0

if we break back above 100 and 200 ema we can see a much bigger upside i like it

Hiddenharmonicstrading Updated 

Downward channel break two attempts to make low, strong move with 618% pullback 2 entries posted

jaxdog Updated 

I like how this name has been acting the last few sessions. I'll wait for more upside confirmation, hopefully by tomorrow (2/10) TBD. Ideas, not investing / trading advice.

trilliondollar Updated 

Largest source of rare earth metals in America. Rare earths are a critical input into critical climate change, EVs/battery technologies in general. This company is also likely to receive a lot of government support over time due to massive expected demand for rare earths and to decrease US's reliance on China for rare earth material. In the long term I believe...

benedekdomotor

We just had a nice breakout. Today's price action will tell us whether a continuation or some consolidation is coming in the following days.

cyrule

MP investing.com -> SB SB SB SB SB SB SB SB Relative Volume: 1.85 1st Green HA Monthly: Uptrend Weekly: Uptrend Daily: Sideway MA: Red > Blue SStoch: Black > Red Golden Crossover (Near OB, Approaching Deadly Crossover) MACD: Signal > MACD (Approaching Crossover) RSI: 61.24 (Upwards) Put/Call Ratio: 0.67

prepow

Beautiful low volume pullback, look to hit a target of 40 soon

TaPlot

Posted about this few days ago and today's action is constructive right below that resistance trendline. Probably going to make its move soon.

Option_Traders

This is a nice developing setup, options can also work here.