Daily Latin America Bull 3x Shares Getting Very Oversold
May 29, 2013 at 16:00 PM EDT
In trading on Wednesday, shares of the Daily Latin America Bull 3x Shares ETF (LBJ) entered into oversold territory, changing hands as low as $29.35 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.