overbought
/ˌoʊvərˈbɔt/
adjective
- Describing a stock or market that has risen too high and is likely to fall in price.
- Investors should be cautious when a stock becomes overbought.
- The overbought conditions signaled a possible market correction.
- The analyst warned that the tech sector is overbought.
verb
- Past tense of overbuy: bought more than needed or could afford.
- She overbought groceries for the party and had too much food.
- The store overbought winter coats and had to put them on sale.
- He overbought supplies for the project and wasted money.