Daily Technology Bull 3X Shares Getting Very Oversold
June 01, 2012 at 11:30 AM EDT
In trading on Friday, shares of the Daily Technology Bull 3X Shares ETF (TYH) entered into oversold territory, changing hands as low as $43.75 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.