I've been watching this since the paid pump began, I was amazed that it stayed overbought for as long as it did. You are right that it is currently oversold according the chart. The only problem I see is if the pump is done it might be hard to build momentum again. This was worked very hard for quite a while.
Tons of press that is all about what might happen, we intend, planning, blah blah.
good luck anyway to you all