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View Full Version : Qatar Index May Fall as Shares 'Overbought': Technical Analysis - Bloomberg



NewsWhore
05-17-2009, 06:31 AM
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Qatar Index May Fall as Shares &#39;Overbought&#39;: Technical Analysis (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaDRgtHrr3zs0%26refer%3Dhome&cid=0&ei=4ekPSorJE5vW7AOM95jICQ&usg=AFQjCNF2NLpRo9gxw8PlmW2jSiVHCz9Kiw)
Bloomberg
Some traders see a reading above 70 as a signal to sell. In technical analysis, investors and analysts study charts of trading patterns and prices to forecast changes in a security, commodity, currency or index.


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