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Chart of the Day – Rubicon Minerals (RBY)

This gold stock is outperforming the rest of the sector


Today’s chart of the day is Rubicon Minerals Corp. (AMEX: RBY).

This gold stock is in a bullish trend, rising 12% last week, and outperforming the rest of the sector.

RBY now looks poised to break out of a weekly symmetrical triangle. Our first target is $6. If the stock can take that out, our next target is $8-$8.50 within the next few weeks.

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