Kevi's morning charts

Morning all,

Thanks for the Vid Al, there certainly were a lot of trading ops yesterday..

Rare Earth (REE) strength continued yesterday, but for how long is anyone's guess. Many traders I'm sure have very fresh memories of the uranium boom a few years back, and we can't argue that there are some similaries which can be drawn here.

But for now, make hay while the sun shines and stick with the booming sector.

Here are some charts I have done, with a focus around the REE stocks.

Arafura Resources (ARU)



ARU is coming up to major resistance on the 2yr weekly chart. Range looks complete, though with this new found strength in the sector, its anyone's guess where its heading from here.

Artemis Resources (ARV)



Orion Metals (ORM)



Greenland Min (GGG)



And here is one of interest.

Lynas Corp (LYC)

One of the bigger REE players on the ASX, yet bucked the trend yesterday and rolled over. Why i'm not sure, but its worth noting and could be an indicator as to where this sector is heading for the short term.



YTC Resources (YTC)

A non REE stock (gold), that looks interesting. Both the daily and weekly's have been charted.





Cheers and good luck

Kevi