if remx closes above the line - long term buy.. wait and watch
REMX - as price reaches vertex of triangle, the volume increases hugely. Price been mostly flat since. Waiting for China market to go up and this will fly many multiples!
This ETF holds exposure to several companies that are involved in the process of producing refining and recycling of rare earth and strategic materials and minerals, that might get influenced by the latest news from China. China that controls about 90% of the market, and 70% of the global production of rare earths, said this month that it's raising its annual...
There is a huge discount for the investment. The ongoing USA-China trade war has the potential to significantly increase these commodities. China can, in fact, limit supply, thus pushing up the price and thereby offsetting losses in tariffs.
I have bearish bias on $DXY for the moment, and I need $REMX to make bullish reversal, for me to build several long positions on $AUDUSD.
I have spent some time looking at this chart given the recent excitement around Rare Earth metals. I am a huge fan of metals in general, so I hope that doesn’t get in the way of my opinion. I have thrown a few other indicators at this chart before I arrived at this position. Please let me know if you agree or disagree with my thoughts about this. I am here to...
aapl should get hurt by supply disruption anytime now, soxx can be very sensitive... QQQ should move lowering ... Trump thinks he is the only one holding good cards
Could be a good bounce coming from this tight wedge here.
Wait till REMX breaks the descending red trendline and CMF starts heading positive. The vitals don't look great under the hood yet... but the stop is very nice just under that green multi-year support trendline.
REMX Van Eck Vector's Rare Earth Strategic Metals ETF, rose over 3 % today, making it's gain in May now over 6 %, while the Dow comparatively is down 6 % for the month. That type of bullish divergence means something very bullish is going on under the radar that market participants are recognizing, and thus want to own , and accumulate. China controls 70 % of...
This trade is based on the rising tensions between China and US, China is out of its tariffs card and may resort to other retaliation options. At this time, rare earth metal production is dominated by china, and some of these metals are essential for electronics, magnets, etc... If china resorts to restrict the export of these metals then REMX ETF (a basket of...
needs to stay above top trend to stay bullish.
Van Eck Precious Metals is showing a CCI entry point for potential short-term to medium hold. I remain neutral and await more volume or price confirmation. VanEck Vectors Rare Earth/Strategic Metals ETF (NYSEMKT:REMX), a tiny ETF with only $57 million in net assets, which emulates the holdings and performance of the MVIS Global Rare Earth/Strategic Metals Index.
I decided to rebuy into my previous long term loss- REMX www.reuters.com we declined 20% from the trendline (typical decline) I am not happy with technicals for this trade, pure fundamentals only...