Shares of ONG Now Oversold
In trading on Monday, shares of the DIREXION SHARES TRUST DIREXION DAILY OIL SERVI ETF (Symbol: ONG) entered into oversold territory, changing hands as low as $4.049 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis
We haven't written up this one. Nasdaq Markets has the full story — the link below goes straight to it.