The Long Investor
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$MP - WATCHLIST -
🕑 Added 2025-02-11 12:57:56 +0000 UTCVery clean breakout here after a 3 year stint in a downward channel.
Wave 2 held nicely on the 0.618 Fib at the 50 WMA at $15.41 and has now bounced to $25 and approaching the 200 WMA....another example of the 200 WMA behaving like a magnet.
Next test will be the 200 WMA at $27.10 and a hold above this level and the Wave 3 target at the 1.618 Fib is next at $38, which is conveniently at the blue support/resistance line in place since Sept 2022.
Very attractive impulse wave here now.
