Is This the Top for Central European Media Enterprises Ltd. (CETV)

Zacks

Central European Media Enterprises Ltd. (CETV) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because CETV is now in overbought territory with an RSI value of 75.00.
Furthermore, estimates for the Central European Media Enterprises Ltd. have been coming down, pushing it to Zacks Rank #4 (Sell). This suggests that investors may better off exiting this stock before it falls back to Earth. CENTRAL EUR MEDIA ENT CL A (CETV): Free Stock Analysis ReportZacks Investment Research

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