Chart Review: Molycorp Update – Pressure Building
This is a quick follow-up to my last post on Molycorp (MCP): “Molycorp Positioned for A Fresh Rally.” Sometimes, you just can’t make this stuff up. MCP has now been trailing the 50-day moving average (DMA) for three weeks. Over the last three days, MCP has touched or crossed the 50DMA only to fall back … Read more