Overbuy financial definition of overbuy
Overbought (redirected from overbuy)
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Used in the context of general equities. Technically too high in price, and hence a technical correction
is expected. See: Heavy
. Antithesis of oversold
Of, relating to, or being a stock market that has risen very rapidly in the recent past and is likely to suffer short-term price declines in the near future. Determining whether a market is overbought is difficult and is subject to individual interpretation.
When a stock or entire securities market rises so steeply in price that technical analysts think that buyers are unlikely to push the price up further, analysts consider it overbought. For these analysts, an overbought market is a warning sign that a correction -- or rapid price drop -- is likely to occur.
References in periodicals archive
The days of capacity overbuy
are rapidly coming to an end as carriers seek to control their costs, leading to a step change in the way that bandwidth is provisioned and purchased in Europe.
Combined, all of these elements make the SilkWorm the most cost- effective solution, providing unparalleled modularity for customers by allowing them to make an immediate purchasing decision without having to overbuy
and anticipate future needs.
Be careful not to overbuy