 Hey, what's up you two? I'm Zeke and welcome to The Dream Green Show. Have you ever heard of the term buy the dip? Well, you don't have to exactly wait until the entire stock market takes a big dip in order for you to have a good entry point. But sometimes I like to track certain companies themselves so that I could get in at a great price point that I've been waiting for this company to pull back. The way that I'm able to tell that these companies have had a big dip is by following the RSI indicator. By using the relative strength index, I'm able to tell that this company is oversold and is at a very good value. So what is the RSI indicator? The relative strength index, RSI is a momentum indicator used with technical analysis that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other assets. The RSI is displayed as an oscillator and line graph that moves between two streams. And you can have a reading from zero to 100. So basically all that means is the indicator on the chart that where it's over 70% is overbought and when it's under 30% is oversold. So we're gonna be looking for companies that are oversold. That mean they are undervalued and that is us getting in at the dips. So in this video, I'm gonna bring you guys four oversold dividend stocks to where you're not getting in at the top and the company could possibly crash we're getting in at the great price point. It might not be the best price point. It could still pull back a little bit but we're still getting in at a great price point on a great company because every company I'm gonna bring you has been increasing their dividends for the last 17 years. So we're gonna get in at a great price point. We could ride the wave of these companies right on back up to that old all-time high and while we're collecting profit and dividends we're also collecting profit and the value of the company going up over the next couple of months. So make sure that you stay throughout the entire video so you don't miss out on any crucial information and I'm gonna do a quick technical analysis on these companies so that you guys can see exactly how I look at these companies to where I could get in at a great value. But before we dive into this video this video is brought to you by Weeble. Sign up now and deposit any amount of money that's right you can deposit one penny and you'll receive three free stocks valued up to $3,300. With those three free stocks you could keep them inside the platform and decide to use it or you could sell those three free stocks and withdraw all of your money. Guys it's literally free money do not miss out on this opportunity. 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I have my setup to where if it's over 70 is triggered as overbought and if it's under 70 under 30 right here then it's triggered as oversold. And as you guys can see usually when it's oversold I mean it's under 30 this is the RSI indicator. I mean this stock is undervalued there are too many people selling off the stock and they usually end up recovering. And then when it's overbought like at the top right here here it goes it's overbought and then it usually pulls back because they do not see it at a fair value because it's overbought. And then typically it starts to pull back. So a lot of people use the RSI indicator today trade into swing trade inside of the stock market. I use it to swing trade. And as you guys can see Walmart has been following true to the RSI indicator it was oversold right here end up rebounding. It was oversold again right here at the bottom end up rebounding. And once again it was oversold right here end up rebounding and now it is oversold again. It got a little bit more ways to pull back right now is at like 32. I will wait until it pulls back into the 30 range on the RSI indicator but the earnings are coming up on Walmart. So please stay tuned for that inside of the discord. So if we do a quick technical analysis on Walmart as you guys can see it has a very strong support area right in here. Let's pull out the draw the rectangle tool. It has a very strong support inside of this zone right here. Do not want to fall below $134, $134, $135 and 134, 134. So I don't want to fall below the zone. So right now even though signs are showing that it could pull back more the RSI is not oversold to my liking. This almost there maybe another day or two it could be there but if you want to play that it's always bounced off in the zone then it could be a good little entry point to start dollar costing averaging again but as you guys can see it is in a downtrend it has a high right here a lower high, a lower high, lower high, lower high and a lower high. So it is in a downtrend. So it is in a downtrend range. You could be patient with Walmart and just dollar cost average in but just know that you're not buying in at the top at $151. Walmart is gonna be a round foot ever guys. So getting in at $135, dollar cost averaging in at 135, 134 is always a good way to go. And remember Walmart has been increasing that dividends for the last 48 years. So this is a company I'm planning on holding for the next 10, 15, 25 years inside of my portfolio and collect dividends from them. Before we dive into stock number two guys if you want technical analysis like this all the time then you might wanna check out the Patreon link down in the comment section that'll take you to my Discord. Inside of my Discord, I post every single time I buy and sell stocks. I post my swing trade ideas and technical analysis. We also have other pro day traders in there, option traders in there that post all of that option trades every single day to where the community is doing pretty well. And also I have probably the best community of traders inside of my Discord. So if you have any questions at all and you want a whole bunch of knowledge all in one place then you might wanna check out the Patreon link down in the comment section that'll take you to my Discord. Sign up for that and you'll have access to a whole bunch of information from a great community of traders guys. So go ahead and check that link out down in the comment section. So let's go ahead and dive into stock number two. Stock number two is gonna be CL Colgate. Okay Colgate has been increasing that dividends for the last 17 years and they have a dividend yield of 2.26%. Let me show you guys exactly why I like Colgate. Take a symbol CL. Here we are as you guys can see I had already drawn some lines but Colgate was overbought on the four hour chart on the RSI indicator down here. And then of course as you guys can see it's at the bottom it's pulling back to somewhere of a support resistance zone that had drew out a while ago. It could still pull back just a little bit but as you guys can see there's a clear triple top up here to where Colgate is having problems passing $95. It has a good support zone and then it's making higher lows which shows us that it has an uptrend wedge but right now on the RSI indicator down here it is at the perfect 30% zone that I like dollar cost averaging in. So right now it could be a perfect time to pick up some shares of Colgate. If you zoom all the way out to the one week chart let me show you guys exactly why I love this company. Boom, we zoomed all the way out. Let's zoom out some more. This is Colgate all the way from 2000. Let's go to 1990. There we go, 1990. This is what Colgate has done all the way from 1991 to 2022. Colgate has only gone up. So this is a dividend company I want inside of my portfolio. Over the last 30 years this company has only gone up. Of course Colgate does have that dips here and there but for the most part over the average of the last 30 years this is a no-brainer investment. I'm gonna hold on to this company for the next 30 years as well and collect dividends from them every single quarter. Yes, they pay out every single quarter. So let's move over to stock number three which is Tickle Subur MMM 3M. They are dividend kings. That mean they're inside the S&P 500 and have increased their dividends for at least the last 50 years. 3M has been increasing their dividends for 63 years. They've been increasing their dividends longer than many of you viewers have even been alive including me and it has an awesome dividend yield of 3.74%. So let's come back over to trading view back to the four hour chart and type in MMM. You guys know 3M without even knowing 3M. Trust me you have one at least one of their products inside of your household because they make everything. All right, so here's 3M over the four hour chart. As you guys can see it is down here on the oversold. It's been riding the oversold for a while. It's been making lower lows. So this is another good zone right here for 3M. Let's draw out a quick little zone. There it goes, draw out that zone right there. All right, so here we are on 3M. 3M has been pulling back the line has crossed so we have to be a little bit more patient on this even though we want the MACD to point up and then we want the RSI to start to trend back up the other way. But 3M of course is another amazing great company. This might have been the pullback that we've been waiting for because once again over the last 30 years let's look all the way back to 1990. 3M has only gone up. Of course they have their pullbacks just like here. This was a perfect pullback that we would have been looking for back in 2009. Another pullback, another pullback and here's a major pullback. But once again it's saying higher lows, here's a low, here's a low. So statistics have shown that no matter what 3M has been through a recession, a pandemic no matter what they've been through they've been able to increase their dividends every single year and they already have an amazing dividend year of 3.74. So this is another one that I love buying the dips on 3M letting the company recover. As you guys can see they usually recover based off historical data over the last 40, 60 years guys. All the way back when 3M was just $13, $14, $15 a share this company tends to always trend up. So this might be the perfect buying opportunity on the dip for 3M. You do not have to wait for the market to dip. You just have to wait on great companies to dip. And that's gonna bring us to our last great company which is ticker symbol PG, Proctor and Gamble. Let's look at Proctor and Gamble. I believe there are another, there we go. Yes, they are another dividend king. They've been increasing their dividends for the last 65 years. They have a 2.23% dividend yield. And of course this is Proctor and Gamble over the last 30 years. This is Proctor and Gamble chart over the last 30 years. Once again, another great company. Let's zoom back in only four hour chart to see if it's oversold. And there you go guys. Proctor and Gamble is showing that it's at a support line right here. It goes all the way through. Let's pull out of Fibonacci sequence. Here we are on the field all the way up. I wait for Proctor and Gamble to break the support line. Wait for the arts out there. Pull all the way back to 30. It's almost there. You have to have rules guys. It's at 32. I wait for it to get to 30. And then probably buy inside of this golden zone right here. All of that is explained inside of the discord just in case if you guys want more detail analysis on these technical breakdown guys. So these are my top four oversold stocks. And there you go dreamers. Our four stocks is Walmart, Colgate, 3M and Proctor and Gamble. Those four stocks right there are oversold. You're not buying it. Now, even if you buy right now in the pullback you did not buy the top. And that's always the key. You do not want to buy high and sell low. You want to buy low and sell high. So even if you're just swing trading in these stocks I'm buying these stocks at a great value just so that I could collect dividends. I'm gonna hold on to them for the future. But if you are a swing trader just always remember buy low and sell high. And to help you buy low you can always look at the RSI indicator. But that's all I got for you guys. Make sure that you hit the subscribe button and come back next week because next week I'm gonna bring you the top three companies that are at their 52 week low. That's right. I mean they're more than oversold. That means that over the last year they're at the lowest points they ever been. Their price points at the lowest points it's ever been. And this could be great buying opportunity. So make sure you subscribe to the channel so you don't miss out on that video. But other than that guys don't forget to pick up your three free stocks with Weeble. It's literally free money guys do not miss out on that opportunity. But other than that I'm Zeke bringing you the dream green show. And I'm out. Peace.