[Long] MP
I noticed MP was pulling back on low volume.
Two consecutive red days had very small volume.
I took a large position at the green arrow. Fundamentally, it is one of my favorite longs. I did not take the position on chart alone, but the low volume red day was a strong clue that price could not move lower.
I am still long and will see where this goes.
Two consecutive red days had very small volume.
I took a large position at the green arrow. Fundamentally, it is one of my favorite longs. I did not take the position on chart alone, but the low volume red day was a strong clue that price could not move lower.
I am still long and will see where this goes.
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