New Chart and TA

Daily Candlestick Chart.

MCR is reaping the benefits of Nickel surging and rightly so... It look's like its going ot try test $15600. I would not be surprised if it broke these levels. Nickel stores are getting lower and lower.. This will most likely keep happening due to the massive influx of Nickel required in NCM lithium ion battery's.

This company was 1 Billion MC not that long ago and I think there is a good chance we're heading in that direction again.

We've now closed above our resistance point of 47.5c, which means we've most likely broken out of the consolidation pattern. We've then tested the median pitchfork line and ended up closing strongly at 49c. These are all great signs...

Breakout confirmation would be closing above 52.5c.

Our new base could possibly be 47.5c, but need to see more price action before this is confirmed. If Nickel keeps going up... We could very well end up in the 50's very quickly.

MACD crossover has occurred and volume is looking great. The buyer's are back in number's.

Elon Musk is also talking of EV cars going up in price like a commodity, and has spoken about not being able to supply enough cars for the demand, and then even said they will never be able too, If you correlate this with the expensive material in the car... Nickel is one of those materials and there isn't much in supply left = $$$$$$$$$$$$$$$

TA + FA coming together on this one nicely.

All just my opinion. Please DYOR!!