Is This the Top for Sunoco Logistics (SXL)?

Zacks

Investors have definitely seen some solid trading in Sunoco Logistics Partners L.P. (SXL) lately, leading to gains for some. However, SXL is now in overbought territory thanks to its latest move, as the firm has an RSI value of 70.8. Additionally, Sunoco Logistics currently has a Zacks Rank #5 (Strong Sell), so if the earnings estimate trend is any guide, a fall might be coming for this overbought stock.



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