Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way to measure fear in a stock is through the Relative Strength Index (RSI), with a reading below 30 indicating oversold conditions. Chewy Inc (CHWY) hit an RSI of 27.6 on Tuesday, signaling potential buying opportunities as selling pressure may be easing. The stock has a 52-week range of $21.96 to $48.62, with a current price of $34.26.
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Read more at Nasdaq: Relative Strength Alert For Chewy
