Here’s Why NexTier Oilfield Solutions (NEX) is Poised for a Turnaround After Losing 34.8% in 4 Weeks

nextier oilfield solutions nex turnaround
Gulf
  • Date: 07/21/2021
  • Source: Nasdaq
  • Sector: Oil & Gas
  • Country: Gulf

Here’s Why NexTier Oilfield Solutions (NEX) is Poised for a Turnaround After Losing 34.8% in 4 Weeks

NexTier Oilfield Solutions (NEX) has been on a downward spiral lately with significant selling pressure. After declining 34.8% 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 a