Braskem SA Enters Oversold Territory – Tale of the Tape

Zacks

Braskem SA ’s (BAK) share price has entered into oversold territory with an RSI value of 29.41. The Zacks Consensus Estimate on Braskem SA’s earnings for the full year period have moved higher by 33 cents over the past two months to $0.86 per share. Currently, Braskem SA is a Zacks #2 Rank (“Buy”), suggesting that now might be a good time to get in on (BAK) after its recent drop.

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