TAI am not a big believer in TA but I know quite a few other people really follow it, so it matters in the trading either way. By my observation, it looks like we are sitting right at the level of a double (or triple) top, and that we could be ready to breakout with the high volume lately, and the positive fundamentals going forward. I am working on a new article right now to publish in the next issue of Investors Digest, and I think this move is for real.
The REEs are going to be as big as the uranium and moly sectors have enjoyed lately, and the public awareness is starting to kick in. There are so few legitimate REE plays out there that just a tiny bit of new money in the sector will have a dramatic impact on the market caps of these companies, and that will draw even more money into the sector. This is going to be a big story this year, and GCU is going to be one of the leaders in the group, given that we have so much on the go right now, and it is probably the biggest single REE deposit in all of North America.
cheers!
COACH247