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ARMOUR Residential REIT (ARR) Enters Overbought Territory

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ARMOUR Residential REIT, Inc. (ARR - Free Report) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because ARR is now in overbought territory with an RSI value of 72.1. Furthermore, ARMOUR Residential REIT currently has a Zacks Rank #4 (Sell), suggesting that investors may want to consider exiting this stock now before it falls back to Earth.

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