In the Spotlight — REE

REE was one of the rare earth plays that saw some aggressive buying at the close on Thursday afternoon and may be gearing up for some nice momo in the coming days.  It was able to break a multi-month downtrend on above average volume, most of it notably coming in the last 15 minutes of the day.  Keep this on your radar in case there is a strong follow through in the coming days.

 

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Posted in Charting & Analysis, Stocks, Watchlist