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Overbought

Revision as of 13:53, 2 August 2005 by Rhody Trader (Talk | contribs)

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Definition:
A condition of the markets in which it is deemed that prices have risen too far in too short a period of time.

The implication is that price will have to retrace and/or consolidate.

There are a number of technical indicators designed to detect overbought and oversold conditions.

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