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A stock riding policy tailwinds isn’t supposed to look like this. MP Materials Corp. (NYSE:MP) — one of the biggest beneficiaries of the Donald Trump administration‘s push to secure its rare earth supply chain — has just flashed a Death Cross, a signal that tends to show up when momentum fades and trends start rolling over.
Chart created using Benzinga Pro
• Check in on MP stock here.
And the timing stands out.
The company has been at the center of a broader U.S. industrial push, backed by a wave of investment momentum tied to domestic manufacturing.
A $1.3 billion Texas facility — part of a wider surge in U.S. and foreign investments — was supposed to anchor …
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