QQQ Takes A Beating, Putting It in Oversold Territory, According To Some Experts

MarketsETF Trends

This article was originally published on ETFTrends.com.

On trading on Monday, shares of the Invesco QQQ ETF (QQQ) entered into oversold territory, changing hands as low as $171.405 per share, according to the Nasdaq.com. “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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