Just noticed MHK hitting some interesting technical levels on the charts. The stock dipped to an RSI of 27.8 yesterday, which is textbook oversold territory if you follow that indicator. For context, SPY is sitting around 43.5 right now, so there's definitely a gap there.

Mohawk has been getting hit pretty hard lately. Trading as low as $108 but the 52-week range shows it's been between $96 and $143, so we're closer to the lower end of that band. That kind of momentum exhaustion sometimes sets up interesting reversals if you're looking for entry points.

Warren Buffett's whole thing about being greedy when others are fearful applies here I guess. When RSI gets that low, it usually means the selling pressure is running out of steam. Not saying it's a guaranteed bounce, but worth watching if you're into this kind of technical analysis.