|Day Low/High||0.80 / 0.83|
|52 Wk Low/High||0.32 / 1.48|
TheStreet highlights 3 stocks pushing the Metals & Mining industry lower today.
In trading on Wednesday, shares of Exeter Resource Corp entered into oversold territory, changing hands as low as $0.88 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.
If you time your trade correctly, combining technical indicators with fundamental trends, discipline and sound money management, you will be well on your way to investment success.
Regardless of the reason behind it, when a stock makes a large-percentage move, it is often just the start of a new major trend -- a trend that can lead to huge profits.
The major averages are right on supporting/uptrend lines, so allow a bit of leeway for decent support.
Gold, uranium and vanadium still have a long shelf life, says Marshall Berol of the Encompass Fund.