ANZ 1.28% $28.51 anz group holdings limited

buying depth pattern, page-7

  1. 181 Posts.
    Zoombie

    I'm going to ask a dumb question, but what exactly does "overbought" mean?

    I get a couple of answers from Google.

    Are you making a judgement call that the sp has risen too high to fast, that the sp is not justified by the fundamentals, or that charting/technicals suggest the sp is too high.

    Thanks in advance
 
watchlist Created with Sketch. Add ANZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.