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oversold

   Also found in: Financial, Acronyms, Wikipedia 0.01 sec.
o·ver·sold  (vr-sld)
v.
Past tense and past participle of oversell.
adj.
Characterized by prices regarded as excessively low because of prior heavy selling and a concomitant decline in prices: an oversold stock market.


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They've gone from the most oversold sector at the bottom of the market back in March, to the most overbought sector today.
Summary: Eoe1/4AoUSD/MXN setbacks could stall ahead of 2009 lows Eoe1/4AoUSD/ZAR medium-term studies nearing oversold Eoe1/4AoUSD/TRY confined to multi-week range trade Eoe1/4AoUSD/SGD locked.
The scale used on the RSI indicator is that of zero to one hundred usually with two levels marked at seventy and thirty which determine when the market is oversold and when it is overbought.
 
 
 
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