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Further Upside Limited (for now)

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NOV 27, 2023
   
GUY COHEN’S MARKET MOVERS
Overbought, But No Signs Of Exhaustion Yet…
 

The major indices received another boost last week and continue to be overbought in terms of price.

No obvious indications of exhaustion even at these elevated levels, which suggests the potential for further upside, but this will be limited until we get a pause or pullback.

Resist the urge to chase after overextended stocks, regardless of how tempting they may be. Ensure your stop gains are strategically placed if you currently hold overextended stocks in your account. Our primary focus continues to be on OVI Big Money Footprint setups near Key Levels.

Here is this week’s watchlist:

 
 

Follow the money,

— Guy Cohen
What Goes Up Must Come Down (in this particular market)

It goes up, it comes back down… It goes down, it comes back up!

That’s what happens in this one particular market that has been going back and forth for over 30 years…


Click here to discover the “Infinite Loop” opportunity!
 
TOP STORIES TODAY BY PROSPERITY PUB
 

Top news of the moment in three short, high-impact articles. Keeping your finger on the day’s top stories has never been easier!

— The Prosperity Pub Team

 
 
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