Down 22.6% in 4 Weeks, Here's Why You Should You Buy the Dip in AxoGen (AXGN)
AxoGen (AXGN) has declined 22.6% over the past four weeks and is now technically in oversold territory. According to the report, strong agreement among Wall Street analysts in revising earnings estimates higher indicates the stock may be poised for a trend reversal.
Why it matters — For AxoGen watchers, this report suggests that the recent selloff may have run its course, with analyst estimate revisions pointing to a possible turnaround in the stock's direction.