Wednesday, August 19, 2015

Stocks and Indices that are below 30 RSI. Oversold. 8-20-2015


































There are a lot of stocks which are extremely oversold, which have potential medium to long term, some of them like SECB, GTCAP, EDC and MBT.

But the weakening of PHP with effect of weakening Stock Market is insisting me to BUY ahead and catch the falling knives.

Another major reason I am not yet bringing all the guns is that PSE in the US broke below the triple support, assuming it also happens in the local PSE. We should see PSE breaking below 7250 as well.

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