Another black candle. Now we have 3 in a row, all with lower highs and lower lows.This steady downward pattern is bearish.
Volume traded at 786,844,800 shares is slightly lower than that of yesterday. Expect the drifting to continue.
Admid the bearish trend, RUBHD holds up extremely well closing 4c higher at 2.35 with some 786,800 shares traded. It appears to me that the counter has strong support at the 2.31 level.
Base on fundamental, the counter looks good to buy.
The above commentary is my personnal opinion and should not be construed as a recommendation to buy or sell.
马 到 功 成. Success is when the horses come. Success goes only to those who dare and act, it seldom goes to the timid. The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.
