The Vaneck Rare Earth Metals ETF indicates an overall trend reversal in rare earths. The RSI - Relative Strength Index has not confirmed the lows of 2020 compared to the lows of 2016 and has built up a massive divergence on a monthly basis. In the course of the upward movement, the 2018 highs are likely to be surpassed, which from today's perspective would correspond to almost a doubling. Companies such as Defense Metals or Lynas are likely to react even more strongly than the ETF, and everyone should be aware of this, depending on their risk appetite.
very heavy prior downtrend.