Peak Rare Earths Metals Trend Cloud Study is very interesting.
My Synopsis or Rare is the Macro Reason for my interest here.
Apparently China holds the most resources of the worlds rare earth metals, and if this removed, then it's obvious that other suppliers will stand to gain.
BTW Rare Earth metals are used in making MOTORS more efficient in converting...
1. Break ok downtrend structure
2. Crossover 10 & 20 EMA
3. Pinbar price action on 22/4/24
Purchased at 0.24, 2c less than last traded price day before.
ATR SL (14,5) in place.
I think Rare Earths have bottomed out and we're early stages of a trend reversal - Expecting lot's of $ to be thrown at Rare Earth companies from the Gov to help get these mines into production as the shift away from reliance on China, China's made in China 2025 will have lot's of countries scrambling to have their own infrastructure built out to support the green...