FAS Crosses Critical Technical Indicator
October 16, 2014 at 10:54 AM EDT
In trading on Thursday, shares of the Daily Financial Bull 3x Shares ETF (FAS) entered into oversold territory, changing hands as low as $85.01 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..