$MP Materials Corp.(MP)$ 🚨🧲 7-Day +39.8% Gain: $MP Rare Earths Stock Rockets on Morgan Stanley Upgrade 🧲🚨
On 29 May 2025, I posted a full breakdown of $MP at $19.54, outlining the Saudi supply chain deal, elevated short interest, and hidden options flow. As of today, the stock has surged to $27.31, a +39.8% breakout in just seven trading days.
Now Morgan Stanley is following the move, upgrading to Overweight with a $34.00 price target, another +24.5% from current levels. Their reasoning?
“MP is the most vertically integrated rare earths company ex-China.”🇨🇳
That shift in language marks something bigger than just a price target. We are watching a global re-rating of rare earths in real time. What was once an overlooked miner is now a frontline player in the global AI, EV, and defense infrastructure race.
📈 This isn't a textbook breakout. It is a strategic repricing powered by supply chain realignment, sovereign capital, and momentum ignition. And it still has legs.
$MP is trading within a rising broadening wedge, a pattern known for its expanding volatility and wide price swings. Yesterday, price action showed strength as bulls recaptured the 50-day moving average with a strong marubozu candle, indicating persistent buying throughout the session. The MACD is widening away from its signal line, reflecting growing momentum, and the RSI has just crossed above the 50 level, a sign that bullish momentum may be gaining traction. While broadening wedges often carry the risk of sharp volatility moves in both directions, the current technical signals suggest bulls are firmly in control for now, driving price higher within this volatile structure. Traders should stay alert, as moves in this pattern can be swift and exaggerated in both directions.
Next big mover alert: Stay ahead of the curve before the rest of the market catches up.
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