Rare Element Resources broke out three weeks ago of a large multi week ascending triangle bullish pattern. The price projection is $1.00. Triangle high minus low added to the high = $1.00
The entire sector is bullish with the United States military and government trying to establish non Chinese sources for the metals.
Rare Element Resources Ltd. engages in the exploration and development of rare-earth element deposits and mineral properties. Its portfolio includes the Bear Lodge project. The company was founded by Mark Thomas Brown on June 3, 1999 and is headquartered in Lakewood, CO.
