Top 2 Energy Stocks That May Collapse In Q3

Core Insights - Two stocks in the energy sector are showing signs of being overbought, which may concern momentum-focused investors [1] Group 1: Brooge Energy Ltd (BROG) - Brooge Energy received a Nasdaq non-compliance letter on June 5 [2] - The stock has increased approximately 82% over the past month, reaching a 52-week high of $6.66 [2] - The RSI value for Brooge Energy is 83.55, indicating it is overbought [2] - On the latest trading day, shares gained 14.9% to close at $1.77 [2] Group 2: Battalion Oil Corp (BATL) - Battalion Oil amended its merger agreement with Fury Resources for an acquisition at $7.00 per share in cash [3] - The stock has risen around 17% over the past month, with a 52-week high of $9.69 [3] - The RSI value for Battalion Oil is 83.48, also indicating it is overbought [3] - On the latest trading day, shares fell 3.6% to close at $2.94 [3]