Shares of XRA Now Oversold
Posted on November 02, 2012 at 17:42 PM EDT
In trading on Friday, shares of Exeter Resource Corp (XRA) entered into oversold territory, changing hands as low as $1.34 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.