Building Long Position in UPRO

Based on my technicals, UPRO begun trading at a discount level after last Friday's close (weekly candle). I look at price in a specific format using the RSI indicator.

Price trading below 50 level = discount , price about 50 = premium. So currently UPRO is at a discount for my liking and I've begun investing some capital here.

Current upside to previous highs is about 20% ROI, so if price continues to head bearish I will continue to DCA (dollar-cost average) down and lower my cost-basis.