As highlighted in today’s trade ideas video, REMX (Rare Earth Strategic Metals ETF) offers an objective short entry on this breakdown below the bearish rising wedge pattern. T2 (just above the 80.00ish support level & intersecting 200-day MA’s) is the current final target, with the potential for one or more targets to be added, depending on how the charts develop going forward. The maximum suggested stop, if targeting T2, is any move over 110.50. Daily chart below.
REMX daily May 14th