The Ambitious Trader: Stocks, Trading, Investing..My Ambitions as a Trader and Investor

This is a one way ticket that takes you on a wonderful journey into the vast world that is the stock market through my eyes, my point of view.

Tuesday, May 08, 2007

In Play: RUBO

Although I thought that their earnings results were horrible, the chart action is proving me wrong. I've had an eye on RUBO since it was trading around 11. Looking at the chart, RUBO looks set to head higher. Therefore, RUBO makes a good long trade at this level. Also, now is a good time to add more to a pre-exisitng position as well.

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