Stock Of The Day: How High Will USA Rare Earth Go?
Benzinga·2026-01-26 15:32
USA Rare Earth, Inc. (NASDAQ:USAR) shares are trading much higher on Monday after the Trump administration confirmed a $1.6 billion investment in the company.The rally may have room to run, but if it reaches levels around $40, it may encounter resistance. As you can see on the chart, the October peak, and stocks tend to run into resistance at former peaks. This is why USA Rare Earth is the Stock of the Day.Resistance can form around previously broken support levels due to remorseful or regretful buyers. The ...