JAG Crosses Critical Technical Indicator
Posted on November 02, 2012 at 13:02 PM EDT
In trading on Friday, shares of Jaguar Mining Inc (JAG) entered into oversold territory, changing hands as low as $0.99 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100.