Examples of use of Overbought
1. Some analysts advised caution, however, noting the market‘s overbought condition.
2. "The point is that the overbought conditions are being worked off, but are far from being oversold," he said.
3. Although the market is overbought there is still upside potential to around the 8450 level, the market pundits felt.
4. Still, some experts suggested prices still had some way to fall in what they described as an overbought market.
5. "Our clients were getting worried that the market was overbought and were waiting for some near–term correction.