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September 01, 2020 1:26pm
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NUGT Crowded With Sellers

In trading on Monday, shares of the Direxion Daily Gold Miners Index Bull 2X Shares ETF (NUGT) entered into oversold territory, changing hands as low as $41.40 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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