Daily Retail Bull 3x Shares Getting Very Oversold
January 16, 2014 at 10:52 AM EST
In trading on Thursday, shares of the Daily Retail Bull 3x Shares ETF (RETL) entered into oversold territory, changing hands as low as $70.5001 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.