TSX:LSG.DB - Post by User
Comment by
rajagson Aug 17, 2013 4:02pm
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Post# 21678672
RE:LSG is in Over Bought Territory
RE:LSG is in Over Bought Territory
Charts for commodity stocks like gold oil companies are irrelvant.
If gold and oil go up in price, then so will gold mining and energy producing stocks.
200 and 50 day stock averages being down simply means that gold and oil prices have been down for a while.