Rubicon Minerals Corporation (RBY) broke out of its base last Wednesday on good very high volume indicating bulls were in control. Thursday the stock printed a doji candle on its first day of pullback volume also shows buying support. This Friday RBY opened within the previous day level of around 3.60 its price action stayed above that level and managed to closed higher.Gold have been on tier recently and this company is following along. I also like the stock's three month long base and the heavy volume during breakout. Bought 700 shares at $3.74 commission fees included.
Happy Labor Day Weekend!
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