Straight from the Exodus oversold screen, here are five names that boast good returns upon hitting oversold levels.
$SCTY takes the top spot with the highest average gain over a 5 day holding period, post overosld reading. $BIIB made the screen and I like it right here with a max stop under 271. $GILD also made the list and can be bought here with a stop under $94. Other names of interest include: $PHO & $P.
You want oversold, try $TNK on for size.
ouch
Thanks for the link!
My stock of the year, $TTPH, is down a smooth 43% in less than 8 trading days! Can anyone top that?