Down -29.8% in 4 Weeks, Here's Why You Should You Buy the Dip in Evolus (EOLS)
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Evolus (EOLS) has experienced a significant decline of 29.8% over the past four weeks, placing it in oversold territory. The selling pressure may have subsided, and with Wall Street analysts raising earnings estimates, a trend reversal could be on the horizon.
November 14, 2024 | 3:45 pm
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Evolus (EOLS) has dropped 29.8% in the last four weeks, entering oversold territory. Analysts are raising earnings estimates, suggesting potential for a trend reversal.
The stock's significant decline suggests it is oversold, which often precedes a price rebound. The consensus among analysts to raise earnings estimates further supports the potential for a positive price movement.
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