## When Fear Grips the Market: RACE Stock Flashes Oversold Signal
The legendary Warren Buffett's wisdom rings true in trading: when panic selling dominates, astute traders often find hidden opportunities. Ferrari NV (RACE) recently demonstrated this principle as its technical momentum indicator reached extreme levels during Friday's trading session.
The Relative Strength Index, a momentum measurement tool scaled from 0 to 100, signals potential exhaustion when it dips below 30 — a threshold traders call "oversold territory." RACE hit precisely this level at 29.8, with shares trading as low as