Post by
LexMark747 on Aug 15, 2013 10:03pm
LSG is in Over Bought Territory
Quite the run LSG has had in the past couple of weeks. The relative strength index, the full stockastic index and also the Ultimate Oscilator index is showing that LSG is majorily over bought. LSG is only 2 cents from its 200 DMA. I myself am holding on to my shares long term. LSG is due for a pull back on a correction.
Comment by
rajags on Aug 17, 2013 4:02pm
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.