Potential Setup: ONDO finds itself under a 3 day market profile composite (formed by 28-30 Aug). If price can find acceptance above $0.64 CVAL (composite value area low) either by breaking it convincingly OR by spending enough time above it, we may end up with a full composite traversal to the upside CVAH at $0.67. Overall Bias: The high time frame bias is...
Analyzing the options chain and the chart patterns of MP Materials prior to the earnings report this week, I would consider purchasing the 17.5usd strike price Calls with an expiration date of 2023-11-17, for a premium of approximately $0.30. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward...
Hey Folks! I found this bullish divergence with a double bottom. There is simply way more liquidity to the upside, I expect a 40-50% return. Failure of this zone could potentially send it towards $14 range, which is less probable imo. Happy Trading! OnePath
Bias: Short Market Cycle: 2 Shorts only on this pair, yesterday was around 80% of an ADR move, so I classify the last 2 days as push 1 & 2.. Both the last 2 drops have been 200 pips so I would expect at least another 150-200 for the 3rd and final push.. 160.82 is My 1h level to look for shorts. If we get above that I think we may push higher and maybe...
MP posted another good Quarter with a healthy growth both in EPS and Revenues. The midcap Company has an impressive track record of EPS and Revenue beats. More important, its business might get into headlights - rare minerals miner with double digit growth and 83% Gross Profit margin, 50% Net Income Margin. Watch for a pick up in volume, it deserves a higher...
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
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.
Traders, I meant to simply show you my list of tickers for Rare Earth (neodymium) Magnet companies that I follow. These companies either mine material to produce these magnet or they produce the magnets or they do both. I ended up freestyling a bit 😂😂😂 and going all philosophical. If you're into that, then enjoy the video. If you're not, then somewhere near the...
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. ( NYSE:MP ) Sector: Non-Energy Minerals (Other Metals/Minerals) Current Price: $41.48 Breakout price: $43.90 Buy Zone (Top/Bottom Range): $42.90-$40.30 Price Target: $45.60-$46.00 (1st), $51.00-$52.00 (2nd) Estimated Duration to Target: 22-25d (1st), 51-54d (2nd) Contract of Interest: $MP 12/17/21 40c, $MP 1/21/22 45c Trade price as of...
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...
MP chart is looking strong. 50 MA above 200 MA, Price above the 50 and 5 MA, MACD is green and RSI is up. $38-$40 in the near future.
29-Aug-2021 Trade within the upward trend channel. Break below $29 may see $24
20-06-2021 With I/R hike, it might make commodities/material sector turn sour. Looking for short term short trade. TP: $25-27
$MP, the rare earth materials company, has reported great quarterly reports in the past year, and this year that proves it is pacing firmly to become a very sound investment in the course of electrification and the global clean energy campaign. After a 55% decline, the price became ripe for a good entry if you missed the train in the first place or add to an...
Fib 0.618 stepped. bull flag appeared. with some basic levels, you will see what are the supports and resistances. The company will go huge.
After due diligence, I really like this company and it' future expansion plans and current execution. My PT is 45-47 so there is a lot of potential with this one. Hoping for more short term weakness to build a position (I am not expecting all my buy limits to get it, but if they do, even better. After position has been built, I'll let them roll until PT is...