The Conversation (0)
Forbes reported that there are signs rare earth stocks could be bottoming out and getting set for a rebound.
Forbes reported that there are signs rare earth stocks could be bottoming out and getting set for a rebound.
As quoted in the market news:
The rare earth frenzy in 2010 was clearly overdone, and the bearish sentiment on this group is now quite high. The recent poor action of this group may convince some that the economic recovery is not for real, but there are early technical signs that suggest the group may be ready to bottom in the next month or so.