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Nordstrom (JWN) Enters Overbought Territory

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Nordstrom, Inc. (JWN - Free Report) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because JWN is now in overbought territory with an RSI value of 70.5. Furthermore, Nordstrom 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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