Shares of LLEN Now Oversold
Posted on November 15, 2012 at 12:16 PM EST
In trading on Thursday, shares of L&L Energy Inc (LLEN) entered into oversold territory, changing hands as low as $1.60 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.