Largest source of rare earth metals in America. Rare earths are a critical input into critical climate change, EVs/battery technologies in general. This company is also likely to receive a lot of government support over time due to massive expected demand for rare earths and to decrease US's reliance on China for rare earth material. In the long term I believe this can go to $100.
Find out more about this company here www.youtube.com/watch?v=sJY_FX5s...
PT 1: $48
PT 2: Above $60
It has a fairly obvious support at $28.5 in the descending triangle pattern but I wouldn't panic even if it drops below it. This industry has very strong tailwinds. As they are approaching their next earnings call in March, I expect good forward guidance and a breakout to the upside of the pattern.
Find out more about this company here www.youtube.com/watch?v=sJY_FX5s...
PT 1: $48
PT 2: Above $60
It has a fairly obvious support at $28.5 in the descending triangle pattern but I wouldn't panic even if it drops below it. This industry has very strong tailwinds. As they are approaching their next earnings call in March, I expect good forward guidance and a breakout to the upside of the pattern.
Comment:
Broke out of descending triangle, will keep holding through their quarterly earnings