Here's Why Stardust Power Inc. (SDST) is Poised for a Turnaround After Losing -66.9% in 4 Weeks
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Stardust Power Inc. (SDST) has experienced a significant decline of 66.9% over the past four weeks, placing it in oversold territory. The exhaustion of selling pressure, combined with Wall Street analysts' consensus on raising earnings estimates, suggests a potential trend reversal for the stock.
January 29, 2025 | 3:45 pm
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Stardust Power Inc. (SDST) is in oversold territory after a 66.9% drop in four weeks. Analysts are raising earnings estimates, indicating a potential trend reversal.
The stock's significant decline has led it into oversold territory, which often precedes a price rebound. Additionally, the consensus among analysts to raise earnings estimates is a positive signal, suggesting improved future performance and potential upward movement in the stock price.
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