A popular tech fund is now overbought. That’s no reason to sell, history shows.
A surge to record highs for technology stocks has pushed them to what is considered by technical analysts to be overbought levels, but history shows investors should not use that as reason to cut thei
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# Investment Summary The technology sector has surged to record highs, pushing it into overbought territory by technical analysis standards, though historical data suggests this condition alone does not warrant selling positions. Technical analysts caution against using overbought metrics as a sole exit signal, as markets have historically continued climbing even after reaching such levels.
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