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overbought

   Also found in: Financial, Acronyms 0.02 sec.
o·ver·bought  (vr-bôt)
v.
Past tense and past participle of overbuy.
adj.
Characterized by excessively high prices owing to prior heavy buying and a concomitant rise in prices: an overbought stock market.


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In this article I will talk about the Relative Strength Indicator used as a leading indicator to show early price reversals We will also look at the creation of a dynamic overbought and oversold level and the use of small M-and-W patterns, leading short term price reversals In this article I will talk about the Relative Strength Indicator used as a leading indicator to show early price reversals.
0345 as the 30-minute RSI falls back from overbought territory.
The market was overbought, and had had a diet of positive surprises.
 
 
 
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