Charles & Colvard (CTHR) Shares Enter Oversold Territory
July 31, 2014 at 12:00 PM EDT
In trading on Thursday, shares of Charles & Colvard Ltd (CTHR) entered into oversold territory, changing hands as low as $1.80 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..