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Benzinga
195 days

Top 2 Health Care Stocks That May Crash In February

1. Orthofix Medical's RSI shows overbought status at 77.9. 2. Globus Medical also registers high RSI at 74, indicating potential weakness. 3. Orthofix Medical shares rose 3.1%, Globus Medical shares fell 0.4%. 4. Both stocks could signal momentum concerns for investors. 5. Momentum traders should exercise caution with these healthcare stocks.

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FAQ

Why Bearish?

High RSI indicates potential price corrections, affecting overall market momentum.

How important is it?

Investors' focus on momentum can sway sentiment, impacting broader market trends.

Why Short Term?

Immediate effects may occur if overbought conditions persist, similar to past corrections.

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