Just noticed ARES (Ares Management) hit some interesting technical levels today - RSI dropped to 29.3, which puts it solidly in oversold territory. That's the kind of signal where Buffett's old advice comes to mind: be greedy when others are fearful. The relative strength index is sitting way below 30, while SPY is chilling at 42.2 for comparison. For anyone tracking momentum indicators, this relative strength index reading suggests the recent selling pressure might be running out of steam. Looking at the bigger picture, the stock's 52-week range is $106-$195, and it's currently trading around $111. Could be worth watching if you're looking for a potential bounce play. The technical setup definitely has some bullish potential if that oversold condition starts reversing.

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