Stock Chart Analysis RBY

Posted by downtowntrader | 6/06/2007 09:15:00 PM | 0 comments »

Stock Chart Analysis RBY

Rubicon Minerals Corp. (USA) (Public, AMEX:RBY)

I've been looking more closely at precious metal miners the past few days as I think there is a pretty good chance that metals are on the cusp of a nice rally. RBY has been pulling back to it's previous breakout area in an orderly channel. It looks like it is starting to bounce off the lower band after snapping back yesterday after it broke under recent lows and following through today on a nice increase in volume. There is a good chance that a bottom was put in yesterday and that RBY will resume it's uptrend soon.


Good Trading,

Joey

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