I think MCP will breakout to the upside.
An earnings report is due in a few days. If the earnings report is poor there may be a kneejerk down. But I get the feeling that a poor report may be ignored in favor of a future that looks brighter.
Lots of heavy volume today in MCP as well as many of the gold miners. It looks like accumulation in the miners. Even the iron miners....CLF ;)
Bon appetite,
gh
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All comments are appreciated as it will give me a chance to adjust my content to any real people who may be out there. Thank you. gh