After 186% Rally, Mexico’s Metals King Penoles Looks OverboughtBy
Company’s RSI surges to highest level since January 2004
Five analysts surveyed recommend buying shares; six say hold
The 186 percent rally in Industrias Penoles SAB this year has sent the Mexican miner to the most overbought level in more than a decade.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.