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Down -9.52% in 4 Weeks, Here's Why Deckers (DECK) Looks Ripe for a Turnaround
DECKDeckers(DECK) ZACKS·2024-07-24 14:35

Deckers (DECK) has been beaten down lately with too much selling pressure. While the stock has lost 9.5% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier. Technically, every stock oscillates between being overbought and oversold irrespective of the quality of their fimdamentals. And the beauty of RSI is that it helps you quickly and easily check if a stock's p ...