RE: games "look at the charts ... this is way over sold"
Don't know what charts you're looking at, but here's today's TA from RBC
Stochastic OscillatorThe Stochastic Oscillator is registering a bullish signal as the %K lineis above the %D; however the oscillator has moved above the criticalvalue of 80 and is now
overbought.
RSI - Relative Strength Indicator
RSI is weakening as it has recently dropped below the critical level of 70 and now stands at
63.54%. While this signals that KWG is no longer overbought, the internal strength of the stock appears to be waning.
Technical Indicators
- The 20 and 50 day moving averages indicate that KWG may be in a bullish trend. This is because the 20 day moving average is above the 50 day moving average.
- KWG is trading above its 20 day moving average. This is considered to be the sign of a bullish trend. There is added weight to this indication because the moving average is rising and signals that there has been buying interest in this stock.
- KWG is trading near its upper Bollinger Band. This means that the stock price is high relative to the action over the last 20 days.
- KWG's recent volatility has been greater than normal. This is evidenced by the increased distance between the upper and lower Bollinger Bands. These bands measure volatility using standard deviation and a large width is due to high volatility.
SRV