Here's one that came up on my scans last night as an oversold candidate. The Slow Stochatic was clearly oversold a few days ago and have begun to turn upwards. However, the RSI was not quite oversold yet and the ADX is still coming down from the consolidation period it had (a nice way of saying the price dropped). By the looks of it, I think Galway Resources is about to turn and make a move to return to the top of its trend line. They also had news this morning on their Pie de Gallo property. See here for news release.

Entry at $1.04 with a stop loss around $0.95. First target would be the top of the trend line at $1.15 for gains of 10.5%, followed by a re-challenge of the 52 week high at $1.27 for gains of 22.1%.

See chart here http://us1.campaign-archive1.com/?u=4d6d491aea8e01d93d8a1f390&id=d4f57193d0

Cheers!