In trading on Thursday, shares of Cannabis Science, Inc. (CBIS) entered into oversold territory, changing hands as low as $.054 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. A stock is considered to be oversold if the RSI reading falls below 30.
I'm not a financial advisor. All of my posts are for entertainment purposes only and based on my opinion. Advice: Do your own DD and always only invest money you can afford to lose. GLTA