S32 1.60% $3.68 south32 limited

S32 is oversold at the moment - far outside the Bollinger bands...

  1. 21 Posts.
    S32 is oversold at the moment - far outside the Bollinger bands and both slow and fast stochastics show it being oversold. I haven't seen a stock stay outside the bollinger bands for so long except when a company has completely debilitating news announced. The worst coming from s32 at the moment is the strike - right? Unless there is something really bad that I am not aware of... It is bound to retrace in the next 1 -2 days of trading.

    But.... by how much is the real question. And for how long will it retrace?
 
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