OVERSOLD
- A condition in which the price of an underlying asset has fallen sharply, and to a level below which its true value resides. This condition is usually a result of market overreaction or panic selling.
- A situation in technical analysis where the price of an asset has fallen to such a degree - usually on high volume - that an oscillator has reached a lower bound. This is generally interpreted as a sign that the price of the asset is becoming undervalued and may represent a buying opportunity for investors.
POPULAR TERMS
Term
Lifespan of an asset or a liability in which its value is expected to either increase or decline, depending on its nature.
Time ...
Social Networking
Social networking is networking through the use of social media with the purpose of socialization, business, or both. It basically establishes conn ...
Rural Housing Service - RHS
A division in the U.S. Department of Agriculture responsible for managing programs that focus on rural housing and community service facilities, an ...
Interest Equalization Tax
Tax on foreign stocks and bonds acquired by American. Levied in 1963, it is designed to lessen the US balance of payments deficit by deterring inve ...
Bill Of Materials - BOM
List of raw materials or any things that are required to build a product. It is usually in the hierarchical format. Topmost level showing the end p ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | PMI Manufacturing | Oct | |
| 02:30 | ANZ Jobs Advertisements | Oct | |
| 02:30 | Building Approvals | Sep | |
| 03:45 | Markit Final Manufacturing PMI | Oct | |
| 07:30 | Commodity Prices | Oct | |
| 09:00 | Retail Sales | Sep | |
| 09:33 | Retail Sales | Sep | |
| 10:15 | PMI Manufacturing | Oct | |
| 10:30 | Procure PMI Index | Oct |
