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What we try to do as much as possible in our trading and investing endeavors is trade in alignment with the long-term trend. As we can see from the long-term multi-year chart of Argan, Inc. (AGX) below, shares have enjoyed a robust rally since their lows in late 2005. What is really noticeable is how oversold shares look at present. We can see this from the MACD indicator as well as the RSI indicator. Both have rarely been this oversold over the past decade.