The Stock for Today: Richmont Mines Inc. (RIC)

Hello my Investors, Traders and Readers friends. Yesterday, the market was affected again by bad news. In this case, low economic growth in Germany and the debt issue in US scared investors. The DJ-30 fell 0.67%, The SP-500 in 0.97% ans Nasdaq Comp. in 1.24%. This fall, however, does not change the assumptions with which we are working. It's just a stop over. Also, the volume of shares traded yesterday was also very low. The problems in Europe and US are likely to remain important news. Because this, it is very likely to remain high volatilities.
On the other hand, in spite of progress experienced by the market in the previous days, is not easy to find many stocks with good patterns or making breakouts. If you can see a rebound from the low levels reached 8 days ago, but it shows a lack of conviction in these developments.
An exception is Richmont Mines Inc. (RIC). This stock closed yesterday at US$ 9.79 (+1.87%) and volume of shares was 546K. However, the highlight of RIC is that after his fall in prices, this stock has recovered and now is ready to take on its maximum value. If the market permits, is likely to be successful and start a new way up. Please click on the chart to enlarge. 

Visit The Market Trust and see our portfolios.