Long NOPMF, Especially if Trump Wins in ElectionMy opinion only not a licensed professional. Not to be used as trading advise.
I’d say, cautiously, long NOPMF. Limit orders are crucial because of super low volume. 8.20 seems common support though.
If trump wins, this is the only company outside China that can process fully raw materials into rare earth elements. It’s based in Canada. I saw one post noting the company has six employees which was a little worrying but it did show up in a WSJ article talking about rare earths and Trump policies recently.
Disclosure: small holding in it, not planning to sell for at least until election of US pres.
Rareearths
RareX technical trade + EV hypeTA,
- Daily MACD golden cross
- Price above 120ema
- 5ema crossing 20 and 40ema
- Strong bounce off 0.059 support ( Long tail )
Entered on 10th August (bit too early). Looked like a good trade setup but macro environment weighing down on the price action on the following days.
Should have waited for confirmation. Will cut loss if it breaches 120EMA.
Exit: 0.087
SL: 0.05
REMX Vaneck ETF - Trade WarsGuess who produces most of the world rare earth magnets which we need for electronics like phones, computers and many other things. China China China.
Guess which ETF saw all time high spike in volume yesterday. Not advice. DYOR. #tradewar
Robinhood Signup:
share.robinhood.com
Trump, China, Australia, Pentagon, REE's 14.000% profit: wake UPWe live in a technology driven society today, where new innovations are environmental driven. Most politicians now believe that the new economy will be 'green', with machines that run on electricity either from harvesting sun/wind/wave/dams. The oil age has peaked, probably some years back already, as smart-money has moved out of it with new investments. The shift from oil to green carries with it new needs, as for example new engines, where REE (rare earth elements) is crucial. These REE's are not as rare as one would perhaps think, but the type of ground it lies in, depth and concentration is the factors that decide if it is worth starting a mine to extract it. Today China has had an almost monopoly of this market. Now we write 2020 and the need for these REE's is only increasing day by day. Not only is the pressure on getting access to these metals due to limited supply building, but as China is being seen upon as a threat for most western countries, their allies and neighbours, there is a new urgent need to find alternative supply chains outside of China. Without going to much into the politics around international trade and how monopoly can be weaponized, it should be easy for anyone with access to daily news to see how it keeps escalating, and the stress countries like Japan, Germany, USA, Taiwan, Australia etc. are facing. COMMERCE RESOURCES in Canada, is a mine with what seems to be the one with biggest potential in any country looked upon as allied with USA,EU and AUSTRALIA. With proven drill samples showing high concentrations of REE's needed in our green shift, easily accessible and the right type of rock it's in. Commerce resources has captured the attention of the Pentagon and EU. Commerce resources has for years worked on its drilling, mapping, road plans, agreement with local Inuit tribes, researchers on mineralogy, extraction techniques, separation efficiency and profitability of the project. Now combining this work with today's political climate and the increased needs for these resources, you have what can look to be the investment of a lifetime. Using today's REE prices that are actually not historically high, the mines resources in the ground is valued to about 2.2 Billion CAD (Canadian dollars). There is 50 million share out today and it is traded at 0.3 CAD THIS MAKES THE COMPANY WAY UNDERVALUED AT ONLY 15M CAD. If one uses today's REE prices and the 50 million shares as basis, the price target is at astonishing 44 CAD. Ask yourself this: where is a good time to invest into a project like this? 0.30 CAD ? 3 CAD ? 30 CAD ? Many books has been written about what is called ONE HUNDRED BAGGERS, meaning investments that can give you 10.000% return on your investment. Here you have one served you on a silver plate.Do your own research and discover the truth in what I write. Buy now, then share this facts with the ones you love and friends. This REE money train just started rolling. Good luck to you all, stay safe and be patient.
www.commerceresources.com
www.bloomberg.com
en.wikipedia.org
FVAC (FVAC.WS) - Could Be The Biggest SPAC play of 2020 >$TSLAThis will be brief since this ground zero and this #SPAC was just announced No technical Analysis since chart is so fresh and I just wanted to get this out before it starts going crazy
I will address a few reasons why I think this will be the biggest #SPAC of 2020 and 2-5 X bigger then my $VTIQ (NKLA) call which went 10 X
1. Rare Earth Minerals - needed by all the major #EV companies MP Materials supplies materials essential to electric vehicles
makers like $TSLA $SPAQ $NKLA etc, wind turbines, defense systems and many other advanced technologies
2. With Geo political tensions on the rise with #China MP Materials (FVAC) is the only rare earth supplier in the USA .. HELLO $TSLA . If China had a embargo $TSLA and other companies would have to rely on FVAC for all rare earth minerals
3. Chamaths latest SPAC acquisition and everyone and their brother wants to be invested with Chamaths , he brings a strong investor base to companies and has a track record of success In addition supported by Omega Family
4 Combined company to have an estimated post-transaction equity value of approximately $1.5 billion with over $500 million in net cash1 to fund growth strategy - A well funded company able to execute and take advantage
I could go on and on so just going to post some links that will help you on your own DD but it could be as simple as this
$TSLA $NKLA $SPAQ $NIO $SHLL $KNDI They all need 1 thing ... "Rare Earth Minerals"
$FVAC.WS $FVAC is the only US company capable of breaking the #Chinese monopoly on them
$FVAC.WS Is going to even bigger then my 10 x call on $NKLA
The Battle of Why Rare Earths Are So Important
www.youtube.com
MP Materials, a Leading Producer of Rare Earth Materials, to Be Listed on NYSE Through Merger with Fortress Value Acquisition Corp
ca.finance.yahoo.com
$OSN Ossen Innovation A Compelling Rare Earths Play$OSN has popped up on our radar. The stock is trading above its 20, 50 and 200 day moving averages, which are $2.11, $2.03 and $1.87 respectively.
$OSN has traded around the $2 level for most of 2019 and is now starting to perk its head up. Its 52 week high is $3.05 and we expect that level to be taken out in the near future.
$OSN is a China rare earth's play and stands to benefit the longer the US/Chine trade war goes on. Rare Earths heated up a bit recently.....longer the trade dispute goes on these plays are on peoples radars.
About Ossen
Ossen Innovation Co., Ltd. manufactures and sells a wide variety of plain surface pre-stressed steel materials and rare earth coated and zinc coated pre-stressed steel materials. The Company's products are mainly used in the construction of bridges, as well as in highways and other infrastructure projects. Ossen Innovation has two manufacturing facilities located in Ma'anshan, Anhui Province, and Jiujiang, Jiangxi Province, respectively.
As always, use protective stops and trade with caution.
Good luck to all!
LYC:ASX - Lynas to potentially double from US-China Trade warThere are winners and losers in every fight. There are the direct winners of the fight, the ones who lay knock out punches. Then there are losers, those that land bruising blows on their competitors. But there is another class of winners often forgotten; the winners who while the fight is happening pick up the gold teeth and wallets lost by the pugilists. Lynas Corp are proving to be one of the latter.
I haven’t looked at Lynas in at least 6 months but it appears they have announced some restructuring and capital spending at a very opportune moment. www.lynascorp.com
Lynas are a well performing business from what I can gather (I’m a charts guy, not a fundamentals guy) and this dick measuring competition between China and the US is only going to play into the hands of other rare earth metals companies. Lynas have popped out of a down trend that they have been in over the last year and are now testing a short term resistance level. THis is all off the back of Chinas announcement of their rare earth metals market tariff threat. I would expect this to be cracked either this week or next week, but I would like to see the price action come back to rest on 2.30 again before it does. However if it does the same with 2.43 I’d be expecting the same outcome.
Based on previous price levels, if China ends up being serious about its threat 5.00 isn’t an unreasonable target for LYC.
Bitcoin responds As China plans to retaliateHello Traders,
If you recall from my last analysis, I mentioned that Bitcoin was running out of fuels since $8600 regions and ready for healthy correction. Interestingly, Bitcoin tested $9000 yesterday, but it was rejected with very high bearish volume down to $8000. ($400 profit/bitcoin was worse than $600 loss/bitcoin)
Interestingly, the timing of $9000 almost coincided China announcing a plan to retaliate Huawei ban with restrictions on rare earth minerals export. As you may know, rare earth minerals are used in many electronics, and restrictions of rare earth mineral imports from China will hurt many American electronics industries. We already see many stock prices are going down today: AMD, APPL, INTC, T, and so forth. Damage in American electronics industry may weakens the price as well if China decides to execute restrictions.
Looking at the 4 hour chart, Bitcoin defended $8000 and currently testing red resistance region. I am positive that Bitcoin wont be able to surpass this resistance zone and get rejected from here. The bear flag is in plya and the first target is $7600 where we see confluent layer of supports.
Happy trading
Long Term Buy Rare Earth MetalsThis 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 rare earth metal shares, 30% chinese and ~25% AUssie, etc...) will shoot, as it did in 2011 when china played on this card against Japan.
AM unsure about levels of support and targets, but it is recommended to buy this ETF for long term.
Another recommendation is to look for Neodymium metal specifically, as its demand will rise with electric cars and its use in its engines' magnets, e.g.: Nolans mine project etc... (ARU ASX)
PLATINUM (XPT/USD) SHORTCharts rarely come as crystal clear as this one. The price for Platinum has been range-bound on the weekly and daily timeframe, however downtrend from the monthly is still there. Going to the immediate now, the daily timeframe and four hour timeframe both show that price rejected the resistance level at 871.73, and is now southbound towards the 779.91 support level. The short-term trendline on the four hour timeframe has also been broken to the downside, giving more confluence and confidence.Therefore, traders must be lookout for a downside-break of the 844.71 level in order enter short positions. Happy selling!