MP Materials: 1 of 3 targets already hit, next window at week 8

MP Materials Corp is at week 7 of a buy signal: the first of the 3 targets of our most advanced model was reached at week 6 and the stop is now at breakeven, with position risk fully zeroed out. Signal strength stays high at 86 out of 100, but the week just closed brought 5 price action warnings — distribution underway, sellers extremely dominant — and the Materials sector remains in a phase of weakness.