RVM Crosses Critical Technical Indicator
Posted on January 25, 2013 at 11:49 AM EST
In trading on Friday, shares of Revett Minerals Inc (RVM) entered into oversold territory, changing hands as low as $2.39 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.