KGN Stock Crowded With Sellers
Posted on February 08, 2013 at 11:34 AM EST
In trading on Friday, shares of Keegan Resources Inc (KGN) entered into oversold territory, changing hands as low as $3.32 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.