Down -23.46% in 4 Weeks, Here's Why You Should You Buy the Dip in Compass Therapeutics, Inc. (CMPX)
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Compass Therapeutics, Inc. (CMPX) has seen a significant drop of 23.46% in the past four weeks, making it technically oversold. This suggests a potential trend reversal, especially as Wall Street analysts are revising earnings estimates higher.
November 21, 2024 | 3:45 pm
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Compass Therapeutics, Inc. (CMPX) has dropped 23.46% in four weeks, becoming technically oversold. Analysts are revising earnings estimates higher, indicating a potential trend reversal.
The stock's significant drop has led to it being technically oversold, which often precedes a price rebound. Additionally, the upward revision of earnings estimates by analysts supports the likelihood of a positive price movement.
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