April 03, 2013 at 17:54 PM EDT
GDXJ Crowded With Sellers
In trading on Wednesday, shares of the Junior Gold Miners ETF (GDXJ) entered into oversold territory, changing hands as low as $14.44 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.
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