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MP still has plenty of room to move, but last Friday's performance is worth noting — it recaptured the 200-day moving average with an almost 9% increase. The short-term moving averages are still weakening, which is a limiting factor. However, from this position, we may be building a foundation for a rebound. The technical outlook hasn't fully improved yet, but if we can consolidate at this level, the opportunity for a rebound is right in front of us.
The rebound has been building for a while, but the key is whether we can hold this level.
The rebound is based on accumulation; I'm just worried that short-term moving averages might hold us back. Keep an eye on it.
If we can hold steady at this level, then we can talk about real opportunities.
Short term is still underperforming, but a rebound foundation is being built. Let's wait and see if it can break through.
If this wave stabilizes, there is indeed room for growth.