3min chapter

The Compound and Friends cover image

Relative Strength

The Compound and Friends

CHAPTER

The Importance of Technical Analysis

When things first get overbought, oftentimes a side of an explosive move. It's when it dips down from overbought levels that you might have a pullback. When something wildly exceeds expectations and earnings and it reaches overbought territory, maybe it'll go down for a couple of days but generally it's going to continue to go higher.

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