What concerns me is that the MACD looks to be turning down indicating that for the moment at least that we can expect selling to come into the picture.
At this point I don’t think it breaks below the trend line but rather tests it as it has over the last 6 months
Tough times no doubt and given the seasonal nature of the business with sales strength in the May to August period I think you would have to be cautious at the best of times.
Lou, What is your opinion on the prediction that REE (rare earth elements) is the next big story given the world drive to hybrid cars? How do you feel about Avalon Rare Metals in this context? Thanks Henry Hi Henry, Great question! What is the future of hybrid and plug in hybrid vehicles? Current forecasts [...]
