Down -12.29% in 4 Weeks, Here's Why You Should You Buy the Dip in SL Green (SLG)
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SL Green (SLG) has seen a 12.29% decline over the past four weeks, making it technically oversold. This suggests a potential trend reversal, especially as Wall Street analysts are revising earnings estimates higher.
January 09, 2025 | 4:00 pm
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SL Green (SLG) is currently oversold after a 12.29% drop in four weeks. Analysts are revising earnings estimates higher, indicating potential for a trend reversal.
The stock's oversold status suggests that the selling pressure may have exhausted, and the upward revision of earnings estimates by analysts indicates positive sentiment. These factors combined suggest a potential upward movement in SLG's stock price.
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