Two energy stocks, YPF SA (YPF) and Comstock Inc (LODE), are showing strong momentum but have crossed the overbought threshold on the Relative Strength Index (RSI), signaling a potential short-term pullback. Investors focused on momentum may want to consider these warning signs.
Results for: YPF
YPF Sociedad Anonima, a leading Argentine energy company, saw its shares rise significantly after announcing cash tender offers for up to $500 million in bonds. This move, coupled with an analyst upgrade, boosted investor confidence and drove up YPF’s stock price.