Trading Ideas on daily charts.
Trading Ideas: Molycorp, Inc. (MCP)
There is a good opportunity to buy a stock above the level 34$.
On the intraday chart, the level 34$ - strong уровень сопротивления.
When buying above 34$ stop can be placed below 30$.
For those, who doesn't know english, I provide an electronic translation of Google from the site Finviz about the activities of this company:
Molycorp, Inc, development stage companies, specializes in the production and sale of rare earth metals (REOs) from stocks of raw materials in the western hemisphere. He works my pass, non-chinese rare earth deposit. The company was founded in 2008 year and is based in Greenwood Village, Colorado.
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