- Published at
- by zacks.com
neutral
neutral
After Plunging -7.9% in 4 Weeks, Here's Why the Trend Might Reverse for Alexander & Baldwin Holdings (ALEX)
The heavy selling pressure might have exhausted for Alexander & Baldwin Holdings (ALEX) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.