REE is entering a new uptrend cycle since Febuary 2024. With foreign ownership at 49% and full room for foreign investors, coupled with significant ownership by large organizations, the limited floating shares are a positive factor. 
Currently, from a technical perspective, the price trend is strongly bullish, with the weekly chart trending upwards, expected to reach the year&#39;s peak in November. There will be corrections for investors to enter during the year, considering when the price touches the 20-day moving average (MA20). Overall, the 5-year outlook for REE is worth holding onto.

REE is entering a new uptrend cycle since Febuary 2024. With foreign ownership at 49% and full room for foreign investors, coupled with significant ownership by large organizations, the limited floating shares are a positive factor. 
Currently, from a technical perspective, the price trend is strongly bullish, with the weekly chart trending upwards, expected to reach the year's peak in November. There will be corrections for investors to enter during the year, considering when the price touches the 20-day moving average (MA20). Overall, the 5-year outlook for REE is worth holding onto.

Cedric Ph