TRVG - Top 5 Tech And Telecom Stocks That Could Blast Off In Q4 | Benzinga
The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.
Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.
Hanryu Holdings, Inc. (NASDAQ: HRYU)
- Hanryu Holdings posted a wider loss for the third quarter. "We were proud to successfully complete Hanryu's Initial Public Offering "IPO" during the third quarter, ...