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Tale of the Tape

Zacks Equity Research

Golden Star Resources Ltd. (USA) (GSS) Enters Overbought Territory
August 19, 2013


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Golden Star Resources Ltd. (USA) (GSS - Snapshot Report) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because GSS is now in overbought territory with an RSI value of 71.59. Furthermore, estimates for the Golden Star Resources have been coming down, pushing it to a Zacks Rank #5 (Strong Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.