MP weekly chart for Materials. Latest close $64.70; weekly move +0.4%.
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Trump administration took a 15% stake in this few months ago. Higher low 2 weeks ago indicating its coming up the right side of its base. Rejected last week at its $70 base pivot reaffirms that level is important. Watching for another higher low this week, or push through $70.
From Strong but stretched
MP weekly chart for Materials. Latest close $64.70; weekly move +0.4%.
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