GG Crosses Critical Technical Indicator
Posted on December 20, 2012 at 11:53 AM EST
In trading on Thursday, shares of Goldcorp Inc (GG) entered into oversold territory, changing hands as low as $35.39 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.