UAMY breaks higher from a H&S bottom

We received a question on United States Antimony (UAMY).

UAMY is an American rare earths / critical minerals stock that is breaking higher from a late November 2025 into January 2026 head and shoulders (H&S) bottoming pattern with bullish confirmation from both the volume advance decline and on balance volume indicators. Sustaining the break above the H&S bottom neckline at 6.95 would keep the immediate pattern bullish with upside potential to the pattern count at 9.60 and then into the late October 2025 downside gap at 10.27 to 11.45. If needed, the January 5th upside gap at 6.20-6.15 offers an additional support.

Chart 1: United States Antimony (UAMY) (top), volume advance decline (center), and on balance volume (bottom)

UAMY also defended its rising 200-day moving average as support as the stock carved out if H&S bottom. Sustaining the breakout out from this bullish pattern, which is confirmed by improving volume, would not rule out upside to the Fibonacci retracement levels of the October to December decline in the 10.22 (38.2% retracement), 12.03 (50% retracement), and even 13.84 (61.8% retracement).

Chart 2: United States Antimony (UAMY) (top) and volume (bottom)