Rubberex 7803
One of the Top Most Actively Traded Counters for today.
Notice the huge Head & Shoulders Pattern formed completing with a breakdown from it. All signs are showing that the stock will be downtrending and all hope is lost.
But fred not as I detect Re-entries of monies recently coupled with the break up from the strong resistance of the 2/1 level. I also detect a Strong momentum in the volume, therefore it can be concluded that the Bankers have rejoined the game. Prices should rally higher in the near future, just watch out for the resistance level of the 3/1 and the 4/1.
Industry : Industrial Products & Services.
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