Fellows rare earth stocks listed on overseas markets have resumed their advances going against the trend
In Canada overnight the CAC was down almost 0.5% yet the leading rare earth stocks on the Toronto brouse resumed their advance finishing higher:-
Avalon Rare Earths finished at 3.78 Euros up 0.17 Euros for a 4.71% gain
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ca%3Aavl&sid=0&o_symb=ca%3Aavl&freq=1&time=8&x=50&y=19
Rare Element Resources finished at 3.83 Euros up 0.11 Euros for a 2.96% gain
Fridays retracement by ARU was a near perfect 61.8% retracement of the move which commenced on 9 October 2009, also a nice Flag pattern has formed - watch for an upside breakout from here
Some other nice technicals coming together, Fridays low of $1.02 was a near perfect measured move down for an a-b-c minor Wave 2 down (of Intermediate Wave 3 up) Elliott Wave - my target from here is around $2
Expect the advance to resume soon
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