Apple Inc. recently exhibited railroad tracks over a period of two weeks from Feb. 27 to March 9. Many investors grew concerned that the stock was potentially topping since it was technically overbought. Overbought/oversold indicators such as Bollinger Bands, RSI and other indicators are used by some traders quite liberally.
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MarketWatch - AAPL: Signs of a top or 700 next stop?
19 March 2012