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PetroLogistics (PDH) Enters Overbought Territory

Zacks Equity Research

Although PetroLogistics LP (PDH) is up over 20.2% in the past four weeks, investors may be concerned. After all, PDH is now in overbought territory, at least when looking at its RSI value of 75.1. If that wasn’t enough, investors should also note that PetroLogistics possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in PDH shares before too long.

PETROLOGISTICS LP (PDH): Free Stock Analysis Report

Zacks Investment Research