Here's Why CS Disco (LAW) is Poised for a Turnaround After Losing -17.49% in 4 Weeks

The heavy selling of LAW shares appears to be in the process of exhausting itself, as indicated by its RSI reading of 29.08. So, the trend for the stock could reverse soon for reaching the old equilibrium of supply and demand. RSI oscillates between zero and 100. Usually, a stock is considered oversold when its RSI reading falls below 30. Technically, every stock oscillates between being overbought and oversold irrespective of the quality of their fundamentals. And the beauty of RSI is that it helps you qui ...