Bloom Energy Becomes Oversold (BE)

From Nasdaq, Inc.:

Legendary investor Warren Buffet’s advice to be fearful when others are greedy, and to be greedy when others are fearful, is applicable to the stock market. A technical analysis indicator called the Relative Strength Index (RSI) showed that shares of Bloom Energy Corp (BE) hit an RSI reading of 29.5 and entered into oversold territory on Tuesday, while the S&P 500 ETF (SPY) had a current RSI reading of 59.9. This could provide entry point opportunities on the buy side for savvy investors. BE’s 52-week range was $8.98-$23.40, closing at $9.09. Find out more of the oversold stocks by visiting the link. Source: (https://www.etfchannel.com/slideshows/ten-oversold-stocks/)



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