Legendary investor Warren Buffett advises to be fearful when others are greedy and greedy when others are fearful. The Relative Strength Index (RSI) measures momentum on a scale of zero to 100, with a reading below 30 indicating oversold conditions. Strategy Inc (MSTR) hit an RSI of 29.9, potentially signaling a buying opportunity.

MSTR’s 52-week range is $156.3806 to $543, with the last trade at $303.64. The stock entered oversold territory at $301.7625 per share, while the S&P 500 ETF (SPY) has an RSI reading of 59.8. Investors may consider the recent heavy selling of MSTR as a sign of potential buying opportunities.

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Read more at Nasdaq: Strategy Becomes Oversold (MSTR) | Nasdaq