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Clean Harbors Inc (CLH) Enters Overbought Territory - Tale of the Tape

Posted
9/17/2013 5:57:00 AM
By: Zacks.com
Referenced Stocks:CLH

Clean Harbors Inc ( CLH ) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because CLH is now in overbought territory with an RSI value of 70.82. Furthermore, estimates for the Clean Harbors have been coming down, pushing it to a Zacks Rank #5 (Strong Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.



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