Forbes reports that based on the Relative Strength Index (RSI), Potash Corp of Saskatchewan Inc. is looking oversold.
As quoted in the market news:
“In trading on Tuesday, shares of Potash Corp. of Saskatchewan Inc. (TSX:POT) entered into oversold territory, hitting an RSI reading of 28.8, after changing hands as low as $40.27 per share. By comparison, the current RSI reading of the S&P/TSX Composite Index is 65.1.”
Gensource Potash Corporation (TSXV:GSP) is focused on becoming Saskatchewan’s first vertically-integrated potash producer and has developed a unique business plan which will allow it to take advantage of the opportunities that exist in the potash industry.
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