LG Display (LPL) is Overbought, What's Next? - Tale of the Tape

by Zacks, Benzinga Contributor

April 3, 2014 10:04 AM | 1 min read | Make a Comment

Although LG Display Co Ltd. LPL is up over 12.8% in the past four weeks, investors may be concerned. After all, LPL is now in overbought territory, at least when looking at its RSI value of 70.7. If that wasn't enough, investors should also note that LG Display possesses a Zacks Rank #5 (Strong Sell), so if analyst perception is any guide, we could witness a slump in LPL shares before too long.

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