Kansas City Southern (KSU) shares came under renewed pressure last week, and the railroad company plumbed fresh 52-week lows on a closing basis. The transportation stocks as a group have displayed both relative and absolute weakness as of late; KSU stock played a pronounced role in all this.
That said, KSU stock looks increasingly oversold and ripe for a high-probability bounce that could take short sellers by surprise.
Read the full trade idea HERE
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