Agreed. LBSR is BACK. Look at that RSI, much more room to go on the upside. I stand by my prediction from last month that this is a long-bowl reversal pattern, to be followed by a cup and handle at .19 and then a breakout to blue skies. The fundamentals here havent changed, Briscoe in China is awesome and NAK is soaring too. Basically that entire episode throughout the month of november was a psychological base-building and consolidation off the previous bagholders from the suit, who should now mostly be gone, unless they are really smart. Smart money has loaded up for the last months at what they considered a very attractive price, ie 04, and now this baby will grab major momo players and new longs once again. Its good to be back!!
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