$USAR USA Rare Earth


Bearish divergences shouldn't go unnoticed. Stock had a bearish divergence on OBV + RSI where price made a higher high and strength indicators formed a lower high. If you're trading that's typically a sign to reduce the position / trim. Or if you're a LT investor like me good area to sell covered calls.
Look at the confluence of where divergence occurred relative to the 0.786 fib rejection as well. Textbook. There's a daily gap at $19 which at this point might as well get it over with. But, as long as the trendline support of the last year holds up we should form another higher low and continue to march to $30+
A loss of the trendline is possible but would have to be driven by larger correction in the indexes though it wouldn't change anything long-term.
Rare earth companies will play an increasingly large role in the US economy because the global supply chain for RE metals and physical AI components has historically been heavily reliant on overseas markets (specifically China).
$USAR recently secured major federal $1.6B in funding under CHIPS Act, including backing from the US government, to scale their production capabilities.
Their products are vital components for aerospace, defense systems, electric motors, healthcare devices, and data centers.
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