Filed under: Commodities, Stocks to Buy
Gold exploration company Rubicon Minerals Corp. (RBY) broke out to new all-time highs in 2009, and currently has no overhead supply or resistance.
Here the Moving Average Convergence/Divergence (MACD) tells us that RBY looks to be in a parabolic move up and is showing no negative divergence.
My conservative target for RBY is $9, but I expect the stock to clear that target and head even higher.
Continue reading Gold Stock #2: Rubicon Minerals Corp. (RBY)
Gold Stock #2: Rubicon Minerals Corp. (RBY) originally appeared on BloggingStocks on Sat, 09 Jan 2010 14:00:00 EST. Please see our terms for use of feeds.
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