Daily Semiconductor Bull 3X Shares (SOXL) Enters Oversold Territory (ETFChannel.com/ETF Channel)

ETFChannel.com / ETF Channel
Daily Semiconductor Bull 3X Shares (SOXL) Enters Oversold Territory – In trading on Thursday, shares of the Daily Semiconductor Bull 3X Shares ETF (SOXL) entered into oversold territory, changing hands as low as $36 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 …

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