China Life Insurance Company Ltd. (LFC) is Overbought, What's Next?

Zacks

Investors have definitely seen some solid trading in China Life Insurance Company Ltd. (LFC) lately, leading to gains for some. However, LFC is now in overbought territory thanks to its latest move, as the firm has an RSI value of 76.1. Additionally, China Life Insurance Company Ltd. currently has a Zacks Rank #4 (Sell), so if the earnings estimate trend is any guide, a fall might be coming for this overbought stock.



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