$REMX - RARE EARTH AND STRATEGIC METALS ETF
Added 2024-09-12 13:12:43 +0000 UTC$REMX has made it all the way down to our Wave B level at $35 and before we get excited and say that the reversal is confirmed now, the price must continue to hold above $35 or the blue line is next at $24, which was the 2020 Covid Low level.
The 50 Day MA is next at $40.50, flipping this level to support would be a positive move and the 200 Day MA would be next at $47.
Comments
I held LYC.AU (Lynas, Australia) for some yrs. great company. I do not hold now, RE's are the last to turn (up) as the metals push higher.
Labo
2024-09-12 15:06:38 +0000 UTC
