LABU Crosses Critical Technical Indicator
November 14, 2018 at 11:05 AM EST
In trading on Wednesday, shares of the Daily S&P Biotech Bull 3X Shares ETF (LABU) entered into oversold territory, changing hands as low as $40.58 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..
