adjective
: characterized by prices held to be excessively high as a result of heavy buying
price reactions in an overbought market
an overbought stock
— compare oversold
adjective
: characterized by prices held to be excessively high as a result of heavy buying
price reactions in an overbought market
an overbought stock
— compare oversold
Webster's New International English Dictionary. Новый международный словарь английского языка Webster. 2012