Warren Buffett’s famous adage advises investors to be cautious when others are greedy and to seize opportunities when others are fearful. This week, Dollar Tree Inc (Symbol: DLTR) experienced a significant decline in its stock, with an RSI reading of 29.5, indicating it has entered oversold territory. The shares traded as low as $63.36 on Wednesday, contrasting sharply with the S&P 500 ETF’s current RSI of 58.9.
Over the past year, Dollar Tree’s stock has fluctuated between a low of $60.815 and a high of $151.215, with the last trade recorded at $63.31 on Wednesday.
