In some stocks, the selloff has been overdone. These stocks, as per their technical chart pattern and the Relative Strength Index (RSI) indicator, have exited the oversold territory
The "better late than never" has become the mantra of trading in these days of uncertainty.
In recent times, the crossovers of 14-day moving average (MA) with 9-day exponential moving average (EMA) have been analysed to identify an immediate trend.