The REMX (Rare Earth Metals ETF) Active Short Swing Trade idea has hit the second price target (T2) for a 20% profit. Consider booking partial or full profits and/or lowering stops if holding out for the potential 3rd price target (favored, as per today’s video). Previous & updated daily charts below.
REMX daily May 14th
REMX daily May 19th
REMX daily July 7th
As I hadn’t had time to communicate my preference that REMX will likely fall to that potential third target before any meaningful & lasting rally or reversal before today’s video (where I covered REMX right after receiving the price alert that T2 was hit), I am going to consider T2 the final price target & move REMX, with the previous posts associated with this trade, to the Completed Trades archives at this time. As always, feel free to bump me for additional updates for those holding out for additional gains and/or looking to reverse into a long position, if & when the time appears right.
Also note: An AI-generated summary with time stamps for coverage of the individual stocks & ETFs in today’s previous video has since been added to that post for quick reference.