Saturday, December 23, 2006

RUBHD

RUBHD(5050) opened at 2.60 and closed at 2.72 with moderate volume traded. It's intra day high was 2.76. As it has convincingly overcome its last resistance of 2.62, it should be on its way to challenge the next resistance at 2.95. The daily chart and weekly chart are in accord. Both are in a steady uptrend. This is a bullish sign.

From a chrysalis, it is transforming itself into a beautiful butterfly

Don't kill the golden goose, if gold is what you want.

As usual, this blog disclaims all liability for its commentaries.

Regards.