April 30, 2013 (Chinavestor) Du Pont (NYSE:DD) remains the most overbought component of the Dow this morning. The stock is trading closer to theoretical highs than the Dow Jones Industrial Average (INDEXDJX:.DJI) itself. While DD is not extremely overbought, downside risk is certainly on the rise.
Verizon Communications (NYSE:VZ) is trading well above its trading envelope as well. The stock is just two dollars away from theoretical highs, limiting its upside potential.
Microsoft (NASDAQ:MSFT) and Intel Corp. (NASDAQ:INTC) stepped way above their trading envelope limits but are far from theoretical highs. More upside is possible according to technical indicators.
April 26, 2013 (Chinavestor) Now that the Dow is back at 14,700, the overbought monitor is worth paying attention to. The9 Limited (NASDAQ:NCTY) is closed at $2.80, right at theoretical highs and is ...
April 24, 2013 (Chinavestor) Following are today's overbought and oversold indicators. New Oriental Education (NYSE:EDU) is a stock of concern, see below....
April 23, 2013 (Chinavestor) News that manufacturing activity slowed in China in April hurt stocks on the mainland more than in Hong Kong. The Shanghai Composite Index (SHA:000001) fell 57.6 points o...
