ELD Crosses Critical Technical Indicator
January 23, 2014 at 15:53 PM EST
In trading on Thursday, shares of the WisdomTree Emerging Markets Local Debt Fund ETF (ELD) entered into oversold territory, changing hands as low as $44.65 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.