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Benzinga
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Top 2 Health Care Stocks That May Plunge This Month

1. Apogee Therapeutics' stock surged 18% after positive trial data. 2. APGE's RSI of 84.2 indicates it may be overbought. 3. Phibro Animal Health's stock gained 16% with updated price target. 4. PAHC's RSI is 81.7, signaling potential overbought conditions. 5. Both companies could signal caution for momentum-driven investors.

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FAQ

Why Neutral?

Current overbought conditions suggest potential price corrections. Historical data shows similar overbought stocks often face pullbacks, affecting overall market sentiment.

How important is it?

Overbought conditions in major stocks may induce selling pressures, impacting broader indices like the S&P 500.

Why Short Term?

The RSI levels indicate immediate caution, but long-term fundamentals remain strong.

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