Replies to post #586 on Rare Element Resources Ltd (REEMF)

[Dobie Lama]

10 mill float? This thing should fly with any volume.

[AugustaFriends]

$1.98 target $2.22 to $2.50 Stocks Setting Up to Break Out


5 Stocks Setting Up to Break Out - views
Stock Quotes in this Article: GMO, UNXL, USEG, REE, VJET
By Roberto Pedone
Senior Contributor
02/14/14 - 01:27 PM EDT

Traders should now look for long-biased trades in REE if it manages to break out above some key near-term overhead resistance levels at $1.80 to $1.90 a share and then above its 200-day at $1.92 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 247,358 shares. If that breakout triggers soon, then REE will set up to re-test or possibly take out its next major overhead resistance levels at $2.22 to $2.50 a share.

http://www.stockpickr.com/5-stocks-setting-break-out.html-34?puc=quo