Rare-earth metals miner MP Materials (MP) is posting a U&R at its 20-dema and the prior low at 29.05 low of December 29th. That low would also serve as a selling guide. It would add some confirmation to the price U&R if MP also cleared its 20-dema and held, as it is attempting to do intraday at the time of this report. We have previously discussed MP in our live webinars when it was trading in the 20-24 price area over a month ago.
Undercut & Rally - MP Materials Corp. (MP) 1/11/20
|Published:||11 Jan 2021 12:55 ET|
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