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VRP Just Hit the Buy Zone 🎯



Invesco's Variable Rate Preferred ETF (VRP) just flashed an oversold signal on Monday—RSI dropped to 26.3, well below the 30 threshold. For context, the S&P 500 is cruising at 46.1 RSI, so VRP's getting hammered way harder.

The math: VRP bottomed at $24.30/share, down 0.8% for the day. Its 52-week range spans $23.03–$24.93, so we're pretty close to the floor here.

What this means: Heavy selling exhaustion could be setting in. If you're a contrarian buyer, this might be the dip worth watching. The RSI reading screams "oversold," which historically tends to precede bounces.

Trade setup to monitor—not financial advice though.
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