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Gold/Mining/Energy : Rubicon Minerals
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To: mary-ally-smith who wrote (394)4/1/2014 3:36:17 PM
From: wolfgangrene   of 470
 
Much of what I said about MUX applies here. If gold dumps, RBY will probably hit the daily channel bottom on the chart just posted. 1.01 was a target off RBY's recent high. Oddly 1.01 hasn't even printed yet.
I don't see much below 1.01 in the way of trading gaps that want to be filled. TA is easy with big volatility.
Sideways decreasing volatility makes it difficult.
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