December is a rainy season in Singapore and also the school holiday season, prompting many parents to take time off and travel with their families. Those who can afford will go to the European countries while some prefer to take shorter trips within Asia. The exchange rate becomes quite a big deal when you travel as a family as the amount to exchange is usually more. Looking at the weekly chart, we can see Japan remains the top and is also one of the Singapore favourite country to visit. As an investor in China stock market, I am particularly interested to watch the currency movement between USD and CNH and thus SGD vs CNH. Where would you be visiting this year ? Share your thoughts in the comments section.
The SEC report on Rare Element Resources Ltd. provides a detailed overview of the company's current operations, financials, and strategic plans. Here's an assessment of the company's investment potential, especially in light of China's recent ban on exporting rare earth metals: Strengths and Opportunities Critical Market Relevance: With China's export ban on rare earth metals, the U.S. and other nations will likely accelerate efforts to secure domestic and allied sources of rare earth elements (REEs). Rare Element Resources Ltd.'s focus on U.S.-based REE extraction and processing places it in a favorable strategic position. Government Support: The company's receipt of grants from the Department of Energy (DoE) and the Wyoming Energy Authority (WEA) highlights strong government interest in its projects. This support could grow as geopolitical tensions heighten the importance of domestic REE production. Bear Lodge REE Project: The high-grade REE deposits and plans for a dedicated separation plant suggest the company could become a key player in the U.S. REE market, especially for NdPr, critical for producing permanent magnets used in technology and defense industries. Demonstration Plant Progress: The planned completion of the Demonstration Plant in 2025 could validate the company's proprietary extraction technology and improve investor confidence. Rising Cash Reserves: The substantial increase in cash reserves ($29.876 million as of September 30, 2024) provides a buffer to support near-term operational and project costs. Challenges and Risks Operational Challenges: Inflationary pressures have increased project costs significantly, raising the Demonstration Plant budget from $43.8 million to $53.6 million. Despite government support, further cost overruns could strain finances. Funding Dependency: The company requires substantial additional funding to advance both the Demonstration Plant and the Bear Lodge REE Project. Failure to secure these funds could delay or derail progress. Regulatory and Permitting Hurdles: Obtaining necessary permits for the Bear Lodge project remains a critical risk. Delays in this area could push back timelines and increase costs. Market Risks: While geopolitical developments favor domestic REE projects, shifts in U.S. government policy or priorities could impact demand or funding for such initiatives. Losses and Cash Burn: The company continues to post substantial losses ($4.734 million for Q3 2024 and $14.539 million YTD). While expected for pre-revenue companies in development phases, sustained losses increase reliance on external funding. Investment Considerations Favorable Timing: The geopolitical climate, including China's export ban, has created strong tailwinds for companies like Rare Element Resources. Demand for REEs is set to grow in critical industries such as defense, renewable energy, and EVs. Long-Term Potential: If the company can secure sufficient funding and meet project milestones, it could become a significant domestic supplier of REEs, addressing a critical supply chain vulnerability for the U.S. High-Risk, High-Reward Profile: Rare Element Resources is in the early stages of development, with high capital requirements and no current revenue. Investors must be comfortable with significant risk and the possibility of delays or setbacks. Strategic Partnerships: The company's collaboration with General Atomics and government entities suggests strong institutional backing, which could mitigate some risks. Conclusion Rare Element Resources Ltd. appears well-positioned to capitalize on the increasing importance of domestic REE production, especially given China's export restrictions. However, this is a speculative investment that depends heavily on successful project execution, funding acquisition, and favorable regulatory outcomes. Recommendation: Risk-tolerant investors with an interest in the critical minerals sector may consider this as part of a diversified portfolio. Conservative investors may want to wait until the company demonstrates tangible progress (e.g., completion of the Demonstration Plant in 2025) or secures additional funding to reduce execution risk.
NASDAQ:TSLA : OUTLOOK Looking for the $352.08 break! ? Target will be $355.36. ? LIKE & FOLLOW for more updates!
obvious uptrend with strong rsi technicals looking for 4000-4200 region
Yello, Paradisers! Is #JTOUSDT ready for a massive move above or not? Let's discuss the latest analysis of #Jito and see what's happening: ?#JTO is navigating a pivotal juncture as it consolidates near a critical resistance zone. Over the past months, the price has broken out of a descending trendline that previously acted as strong resistance, now flipping into support. This shift marks a crucial moment in #JTO’s price structure, with the next move likely to define its trajectory. ?The immediate resistance to monitor is $3.98. A decisive break and daily close above this level would pave the way for a potential bullish rally. If buyers manage to sustain momentum, the price could climb toward the major resistance zone between $6.50 and $7.00. Such a move would likely attract significant buying interest and signal a potential trend reversal. ?On the downside, key support levels are sitting at $3.17 and $2.90, with a robust demand zone established around $2.60. As long as the price holds above this demand zone, the bullish structure remains intact. A bounce from these levels would offer bulls another opportunity to regain control and attempt a breakout. ?However, if the price breaks below the $2.60 demand zone, it would invalidate the bullish outlook and increase the likelihood of further downside toward the $1.90–$2.00 region. This bearish scenario would create opportunities for short sellers while potentially shaking out weak hands before any future recovery. Stay focused, patient, and disciplined, Paradisers? MyCryptoParadise iFeel the success?
Team, look at NAS100, we would consider short at 21275-21300 ranges STOP LOSS AT 21345 - can extend to 21360 Target 1 at 21235-47, take some partial and bring stop loss to BE Target 2 at 21096-21112 target 3 at 21003-21018 we are looking for 3R-5R on this.
https://www.tradingview.com/x/2f6K6gQG/ Here is a publication on GBPUSD I recently wrote but I mistakenly made it only available for subscribers. Click the link right here below to read about GBPNZD. https://www.tradingview.com/chart/GBPNZD/rffDsZp3-GBPNZD-my-recent-Buy-recommendation-daily-VWAP-lifting-price/
Kiwi Dollar, NZDUSD is showing an emerging bull setup afte a peeedy long haul of the bearish mode. still operation with a range. Well till the breakout happens!
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Mit weiteren Hochs demonstriert unser Dax nach wie vor Stärke, lässt nun aber an Bewegungsdynamik nach. Guten Morgen :) Marken mit Wichtigkeit und hoher Reaktionsfreundlichkeit für heute und die nächsten Tage sind meiner Meinung nach: 20360, 20205, 20120, 19895, 19600, 19480, 19335, 19250, 19120, 19050, 18880, 18760, 18600 Chartlage: positiv Tendenz: aufwärts oberhalb von 19560, abwärts unter 19000 Grundstimmung: positiv Sollte unser Dax am Dienstag am Ball bleiben sind auch noch 20005, 20120 und 20205 erreichbar gewesen. Alles oberhalb der 19900 wollte ich dafür erstmal positiv werten. Sollte er uns aber unter 19900 drücken, wäre bei 19850 / 19800 nochmal ein guter Support um sich erneut aufzudrehen, drunter sonst noch 19730 / 19680. So die Zusammenfassung von gestern. Tief zurückstellen wollte sich unser Dax aber nicht und konnte sich ganztägig über der 19900 halten. In der Folge erreichten wir dann schon mal die 20005 und schlossen den Handelstag sogar darüber. Das schafft natürlich nun Potential einfach weiter zur 20120 oder auch 20205 durchzuschieben, allerdings nimmt die Bewegungsdynamik nach oben sichtbar ab. Setzt sich das zum Mittwoch fort, dürfte er wohl schon Schwierigkeiten haben ein neues Hoch über der 20050 zu halten und würde dann eher zurück zucken und ins Seitwärts übergehen. Um unten Potential für tieferes zu öffnen müsste er von Beginn an schwach in die Tiefe stechen und sich unter der 19920 etablieren. Also nicht auch nur mal kurz anstechen da und wieder hoch, sondern richtig drunter und Stellung beziehen. Gelingt ihm das, würde er dann über den Donnerstag und Freitag unten wieder zur 19850 / 19800 und auch 19730 / 19680 zurücklaufen. Die Scheine bleiben gleich. Für Aufwärtsstrecken der PG70KW KO 18600 sowie GQ9CGN KO 17000 und für Abwärtsstrecken der MG72AM KO 20250 sowie GG34Z4 KO 21400 Fazit: Unser Dax hat weiter Stärke bewiesen und neue Hochs gestemmt, dabei aber an Bewegungsdynamik nachgelassen. Sollte es ihm zum Mittwoch nun schwer fallen neue Hochs über der 20050 zu stehen, könnte er auch erstmal wieder in eine kleine mehrtägige Seitwärtsphase eintauchen, bevor er weiter zur 20120 und 20205 durcharbeitet. Um unten das Ruder zu drehen, bräuchten wir ein Unterbieten der 19920 um Rückläufe zur 19850 / 19800 und 19730 / 19680 zu aktivieren. Bleibt der aber über 20000 und macht auch keine Zicken auf den neuen Hochs, spricht nichts gegen das Erreichen von 20120 und 20205