Rare Earths Stock Bull Signal: MP Materials Corp Poised for More Gains

Shares of MP Materials Corp are up 2.9% to $62.05, continuing its choppy trading in a channel between $54 and $64. The stock is now within 0.75 of the 200-day moving average's 20-day average true range, a signal that has occurred six other times over the past 10 years, resulting in an average 17.3% surge one month later. A short squeeze and affordable options are also potential catalysts for further gains.