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Top 2 Tech & Telecom Stocks That May Fall Off A Cliff In Q3

1. Sea Ltd reported better-than-expected quarterly sales results on Aug. 12. 2. Company's stock gained 19.1%, closing at $174.12. 3. RSI value for Sea is at 77.7, indicating overbought conditions. 4. Forrest Li expressed confidence in long-term profitability and growth. 5. The stock has a 52-week high of $178.00.

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FAQ

Why Bullish?

Better-than-expected earnings can indicate sustained growth, similar to past performance spikes.

How important is it?

The positive earnings report and high momentum are likely to attract investors.

Why Short Term?

Current RSI suggests overbought conditions could lead to profit-taking soon.

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