TransAtlantic Petroleum Stock Getting Very Oversold
October 22, 2014 at 16:00 PM EDT
In trading on Wednesday, shares of TransAtlantic Petroleum Ltd (TAT) entered into oversold territory, changing hands as low as $7.19 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..