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Molycorp, Inc Common Stock Message Board

  • thetechtraderca thetechtraderca Jul 24, 2013 12:53 PM Flag

    Harry Boxer's Charts of the Day

    Harry has posted a Charts of the Day video on MCP at TheTechTrader site noting: Molycorp, Inc. (MCP) had a good day on Tuesday. We put a swing trade on it. After the big base formed and retested in a falling wedge, it had 5-waves up. One of the reason’s we put a swing trade on it was because we thought the volume was going to increase, which it did dramatically to 18.9 million shares. If this continues, and it could very well get to the resistance zone, it could see 9-9 1/4 short-term.

 
MCP
0.360.00(0.00%)Aug 6 3:56 PMEDT