CHT Overbought RSI Signals Potential Near-Term Pullback After Q2 Beat
CHT posted stronger Q2 and first-half results, beating high-end guidance, supporting a roughly 7% climb in the last month. The stock sits at 45.25, within reach of a 52-week high of 46.48, and its RSI near 79.8 flags overbought conditions. The combination of solid earnings and stretched momentum suggests potential near-term consolidation amid continued upside momentum risk.
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