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Technical Analysis - Financial Glossary
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Overbought | ||||||||||||||
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A market condition wherein a stock, group or market has recently extended or exceeded its normal range of movement on the upside. Often accompanied by increased volume and/or a string of unbroken up days. The condition implies a near term reversal is imminent. | ||||||||||||||
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Traders Floor | Index Trading | Technical Analysis |
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Exchanges: AMEX
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