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Gold/Mining/Energy : Rubicon Minerals

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To: wolfgangrene who wrote (429)6/26/2014 10:27:03 AM
From: The Ox  Read Replies (1) of 470
 
The stock is deciding whether or not to break above the Feb/Mar consolidation area. The move up was so swift that it will take some serious buying power to bust above this area. Support from gold prices will be very helpful.

Short term it's technically overbought but that doesn't immediately imply it will drop from here. Consolidation is the most likely for the short term....

JMO
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