A man named Avi Kapoor wrote an article about two technology and telecom companies that might lose money in August. The article talks about two things: overbought stocks and RSI. Overbought stocks are stocks that have gone up too much in price and might go down soon. RSI is a way to measure if a stock is overbought or not. If the RSI number is above 70, it means the stock is overbought. The two companies mentioned in the article are Marchex and Lumen Technologies. Their stock prices have gone up a lot recently and might go down soon. Read from source...
- The author's lack of understanding of the tech and telecom sector and its fundamentals, which leads to inaccurate conclusions and recommendations.
- The author's overreliance on technical indicators, such as the RSI, without considering other factors that may affect the stock's performance, such as earnings, guidance, catalysts, etc.
- The author's failure to provide any evidence or data to support their claims, making them seem arbitrary and unsubstantiated.
- The author's use of emotional language, such as "crash," "overbought," "warnings," etc., to manipulate the reader's emotions and create a sense of urgency, rather than presenting a balanced and objective analysis.
- The author's lack of transparency and disclosure of any potential conflicts of interest, such as owning shares of the stocks discussed, receiving compensation from third parties, etc.