The rare earths traded well on Friday, watch for continued strength in the group, and a breakout trade in $MCP:
$DECK – Watch for a breakdown below the 50 day moving average on weakness:
$SODA – Look for a pullback to the 200day, may look to short on weakness for a quick trade:
$VRNG – Let’s see if we can breakout above the 50 day MA this week:
Do you have a target selling price for MCP?
Like the SODA short and PCLN if the market breaks down.
Glad I took a little bite of MCP last week.
LNG over 16