Rare earths, rare profits - long at 27.02 USA Rare Earth, Inc. Class ABATS:USARredwingcoachWent long this one today at 27.02. The whole rare earth producer sector is a buy for me today. I chose USAR because its daily returns for me have been the best of any, though I am long two others as well. USAR is in a 1 year uptrend, and above its 20, 50 and 200 day moving averages. Historically, pullbacks in this scenario have resolved quickly and with significant moves. The longest any trade took to resolve in the last 13 months here was 10 trading days, but more than half closed in 3 days or less. Obviously, no guarantees here, but 8 of the last 10 trades have also produced wins of 5% or greater. You can understand why I like this setup, given those numbers. There is some support but it is 20% below the current value, so I would not consider it relevant at this point. If the trade continues beyond tomorrow, adding and subtracting additional lots tactically will be a key part of the management of the position. Profit target 1 is +6% intraday. Otherwise, I will close the lot at the close of the first trading day where the trade would close at a profit. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.