GASL Crosses Critical Technical Indicator
November 14, 2012 at 11:30 AM EST
In trading on Wednesday, shares of the Daily Natural Gas Related Bull 3x Shares ETF (GASL) entered into oversold territory, changing hands as low as $20.21 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.