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Gold Stock #3 – Rubicon Minerals Corp. (RBY)
Gold exploration company Rubicon Minerals Corp. (RBY) also broke out to new all-time highs in 2009, and currently has no overhead supply or resistance.
Here the Moving Average Convergence/Divergence (MACD) tells us that RBY looks to be in a parabolic move up and is showing no negative divergence.
My conservative target for RBY is $9, which is a near double from current levels, but I expect the stock to clear that target and head even higher. See the full-size chart here.
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5 Gold Stocks Set to Double in 2010
Article printed from InvestorPlace Media, http://www.investorplace.com/2009/12/gold-stocks-to-buy/.
©2012 InvestorPlace Media, LLC
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