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Sunday, July 24, 2011

Molycorp (MCP) Technical analysis 7/24/11

The following is Molycorp (MCP) Technical analysis for July 25, 2010   
 

Molycorp (MCP) Resistance, pivot & Support Levels - 07/25/2011


Resistance levels: $66.50, $63.99, $62.16

Pivot point: $59.65


Support levels:$57.82, $55.31, $53.48


Share of  Molcorp (MCP) is closed over $60 on Friday. Molycorp will have resistance at $64.90, follow by $68 and support area $57.This stock is buy any correction near $50 again.  I will keep on eye for this week.

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