REMX time to bounce?

I decided to rebuy into my previous long term loss- REMX
reuters.com/article/us-china-rareearths/china-cutting-rare-earth-output-unnerving-global-manufacturers-idUSKCN1MY2GZ?fbclid=IwAR1wqly0mQzuwzBlAIT-ujbGPkogIVn5nlmGZ9FriPzJNTCy-_29BM7B4ys

we declined 20% from the trendline (typical decline)
I am not happy with technicals for this trade, pure fundamentals only...