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Overbought
Technical Analysis
Overbought describes a price that has risen so fast in a short time that a momentum indicator (most often RSI above 70) has crossed its conventional threshold.
It is read as a sign the rally may pause or pull back. It is not a sell signal: in strong trends price can stay overbought for weeks and keep rising.
The Shape of It
A conceptual drawing; it does not show a real series.
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