Just caught ABG dipping into oversold territory on the charts. The stock hit an RSI of 28.4 yesterday, which for those not familiar means it's getting beaten down pretty hard technically speaking. We're talking about Asbury Automotive Group here, and it's trading around $203-205 range right now. For context, the broader market (SPY) is sitting at an RSI of 39.5, so ABG is definitely getting hit worse than the overall market. The 52-week range tells you something too - stock was up at $274 not long ago but now hovering near its $201 low. When you see an RSI that low, the old Buffett wisdom kicks in about being greedy when others are fearful. Technically speaking, this kind of reading can signal that selling pressure might be exhausting itself. Whether that translates to a bounce is another question, but if you're looking at ABG from a contrarian angle, this is the kind of setup traders watch for. Worth keeping on the radar if you're into value hunting.

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