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September 01, 2020 10:10am
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FAAR Crosses Critical Technical Indicator

In trading on Monday, shares of the First Trust Alternative Absolute Return Strategy ETF (FAAR) entered into oversold territory, changing hands as low as $30.5201 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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