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Articles in the ‘Rare Earth Metals’ Category
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Molycorp Breaks Out Of A Falling Wedge Pattern Providing An Excellent Potential Trade
Adam Tremaine, January 17th, 2012
The rare earth producer Molycorp, has just broken out of a falling wedge pattern, which likely signals a trend reversal and a significant advance for the stock. As the chart below shows, Molycorp has been in a downtrend since the beginning of May 2011, and a falling wedge pattern found
Posted in Blog, Featured, Rare Earth Metals, Stocks, Technical Analysis, Tips, Ways to bet