Legendary investor Warren Buffett’s advice to be fearful when others are greedy resonates in today’s market. On Tuesday, shares of Loma Negra Compania Industrial Argentina Sociedad Anonima (Symbol: LOMA) saw their Relative Strength Index (RSI) drop to 28.6, indicating they entered oversold territory. This occurred as the stock traded as low as $9.815 per share, contrasting with the current S&P 500 ETF (SPY) RSI of 43.4.
Loma Negra’s performance over the past year shows a 52-week low of $7.04 and a high of $14.17, with its latest trade at $9.90.
