RE: NORTHGATE, Way Oversold...........26 Oct 2015 10:17
Thanks for the Analaysis Mick. I'm also looking at Northgate, but the recent RSI has only posted one higher low, and has yet to post a higher high. That would indicate a bullish divergence to the strong downtrend in place. Also there is no bottoming out pattern, e.g. double bottom or inverse head and shoulders. So at this time I'm still waiting. Good luck.