VEON - Top 5 Tech And Telecom Stocks Which Could Rescue Your Portfolio This Month | 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.
Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.
AMC Entertainment Holdings, Inc. (NYSE: AMC)
- AMC Entertainment Holdings filed a certificate of elimination to eliminate the matters related to the conversion of its outstanding AMC Preferred Equity Units into shares of the company's Class A common stock, from its certificate of incorporation. The company’s stock has ...