Here's Why Broadridge Financial (BR) is Poised for a Turnaround After Losing 13.4% in 4 Weeks

Broadridge Financial Solutions (BR) has been on a downward spiral lately with significant selling pressure. After declining 13.4% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This i ...