AXX Crosses Critical Technical Indicator
September 09, 2014 at 16:20 PM EDT
In trading on Tuesday, shares of Alderon Iron Ore Corp (AXX) entered into oversold territory, changing hands as low as $0.9299 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..