MP Materials Corp. MP

One macro news will trigger massive squeeze or sell off. Let’s see how US-China talk goes.

It take short 4 to 5 days to recover if squeezed, don’t sell too fast. Good luck

There is a hope, China will lift rare earth restrictions to US after Xi’s visit.
I believe nothing going to change between US and China, this one will go wild after the meeting, let’s see

Almost 20% short interest on MP, any macro event could trigger a substantial short squeeze. Wish everyone good luck here

Even get a good deal with China, it will be temporary and fragile; US won’t give up this industry and MP is the biggest so far

48 seems a good support level

Bought more anyway, just a matter of time to rip.

Bottom tested

Happy Friday everyone

Sit tight guys, even it drops after earning, it will come back later.