Tuesday, December 21, 2010

Looks Like I Might Hit MCP (Molycorp) Early Tomorrow


Looks Like I Might Hit Rare Earth Resource Stock MCP (Molycorp, http://stockcharts.com/charts/gallery.html?s=mcp) Early Tomorrow (day trade), see the five day intra day candlestick chart at http://finance.yahoo.com/q/ta?s=MCP&t=5d&l=off&z=l&q=c&p=v&a=w14,fs&c=. Since mid-session MCP appears to have done an Elliott Wave down up down up, ending the session in a final Wave 5 down move. So, there might be an opportunity to day trade MCP long early tomorrow. Rare Earths REE and SHZ might/appear to have similar stories.

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