RE:RE:RE:RE:Getting some actionI am not expecting the stock to rally much further.
After a quick parabolic move, Molybdenum on a technical level is ripe for a significant pullback. It's hard to judge though....there's literally been no coverage of the rise in Moly prices, so it's unclear what's really driving the parabolic move higher. Just going by other stocks and commodities, once they "moonshot" the pullbacks can be quite severe when they happen.
Even a lot of the bulls are expecting gold to pull back and consolidate after rising more than $200.
Could be wrong and we just power higher too.