MP Materials Corp. stock forum

Price continues to lose momentum inside the macro resistance zone highlighted in the August update. Watching for potential downside continuation in the coming weeks toward the next mid- and macro-support levels at 60–45.

Chart: tradingview.com/x/I6SaSaHr/

Previously:
On macro resistance (Aug 12): tradingview.com/symbols/NYSE-MP/minds/?mind=c0TnGDyWQhKbH7r7u57_IQ

and Aug 5: tradingview.com/symbols/NYSE-MP/minds/?mind=g6YPixY0TAiA3EADtthPwg

On resistance structure (Jul 15): tradingview.com/symbols/NYSE-MP/minds/?mind=kVhiRRkmTLCufVx9V2fo3Q

Macro bullish structure (Jun 8): tradingview.com/symbols/NYSE-MP/minds/?mind=uD2aY5_iR2iMFc9a6mK3-Q

Nice CHIP Act funding for critical minerals 🤌🏻🤌🏻

keeps falling like a shitcoin lol

why did it fall today and its time to sell it

$80 this week

accelerated through last week’s resistance zone, spending minimal time consolidating as price surged into the previously outlined macro resistance area (72–89).

This move suggests the uptrend from the May lows may be completing earlier than expected.

As long as price remains below 90, I expect a top to form soon, with a potential pullback towards the 60–45–40 macro support zones in the coming weeks. A close beneath the 8 EMA would be an early signal for reversal.

Chart: tradingview.com/x/jPVl8HFE/
Previous resistance updates:
Aug 5: tradingview.com/symbols/NYSE-MP/minds/?mind=g6YPixY0TAiA3EADtthPwg
Jul 15: tradingview.com/symbols/NYSE-MP/minds/?mind=kVhiRRkmTLCufVx9V2fo3Q

Macro bullish structure analysis (Jun 8) tradingview.com/symbols/NYSE-MP/minds/?mind=uD2aY5_iR2iMFc9a6mK3-Q

Does anyone know why it fall today?

earnings could go either way, outlook is bullish but they need to burn cash in the short term. hoping for a push towards 74 by end of day

thought we might have an easy day today my bad haha

let’s see how high we go today…anyone have a guess before earnings are dropped AH?????