Shares of TRX Now Oversold
Posted on January 07, 2013 at 16:13 PM EST
In trading on Monday, shares of Tanzanian Royalty Exploration Corp (TRX) entered into oversold territory, changing hands as low as $3.81 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.