Roth MKM analysts have compiled a list of 28 stocks that were severely beaten down in 2024. However, according to JC O’Hara, the chief market technician at Roth MKM, this downtrend may be reaching its limit and forcing a potential reversal pattern.
O’Hara notes that some of the most heavily impacted stocks are now showing signs of stabilization, suggesting that the worst is behind them. This trend could signal a shift towards a more bullish market outlook.
Source: https://seekingalpha.com/news/4390008-2024s-biggest-loses-that-could-see-reversal-in-2025