These 5 Beaten-Down Stocks Could Bounce Hard Next Week

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TechChartMaster specializing in key technical indicators, chart patterns, and trend analysis. With a focus on decoding market signals and providing actionable insights, TechChartMaster delivers comprehensive updates to help investors navigate the complexities of technical analysis effectively.
 

•  03 May 2025
 

While the market takes a weekend breather, these stocks are battered—but not broken. Here's a deep dive into five names that got crushed over the past three days and what might come next. As traders, we look for volatility, volume, and sentiment reversals—and these names offer all three.

$WGS 3-Day Decline: -42.5%
What Happened: GeneDx cratered after its latest earnings release, which underwhelmed investors and triggered a wave of selling. The company’s revenue path remains uncertain, and weak forward guidance didn’t help.
Technical Snapshot: The RSI is approaching oversold (36.7), and price is sitting right on its 200-day moving average. With high volatility and volume more than doubling the average, capitulation may be close.
Quick Upside Potential? Yes. If it holds $66, a technical rebound toward the $80–85 range is possible early next week.
Watch Level: Hold above $66.00

$PHAT 3-Day Decline: -36.7%
What Happened: Q1 earnings disappointed across the board. A loss of $1.07/share and revenue miss rattled confidence, despite long-term plans for profitability by 2026.
Technical Snapshot: RSI at 28.5 signals extreme oversold. The stock is testing its 52-week low of $2.71, with volume tripling vs. average.
Quick Upside Potential? Yes. Dead-cat bounce incoming? With oversold pressure this intense and aggressive selling likely exhausted, any positive catalyst (even a sector-wide move) could send this back toward $3.50+.
Watch Level: Needs to reclaim $2.90 on volume

$OGN 3-Day Decline: -27.1%
What Happened: OGN was crushed by a dividend cut of ~90%, followed by legal investigations into investor disclosures. Earnings were solid, but sentiment was trashed.
Technical Snapshot: Now hovering near its 52-week low. RSI at 33.4, and the stock is deep in a downtrend with heavy volume. This is a broken chart—but sometimes, broken charts bounce hardest.
Quick Upside Potential? Cautious Yes. A bounce toward the $11 level could play out—but only if legal headlines quiet down. High risk, high reward setup.
Watch Level: $9.00 must hold. Break below = new lows.

$ARDX 3-Day Decline: -24.2%
What Happened: Q1 sales missed expectations, and Raymond James downgraded the stock, citing uncertainty around XPHOZAH. Bears pounced.
Technical Snapshot: RSI at 35.5 and price sitting just above the 52-week low of $4.02. Volume exploded to nearly 4x its average.
Quick Upside Potential? Moderate. If support at $4.00 holds, a bounce toward $4.50–$4.70 is likely as shorts begin to cover.
Watch Level: Confirm bullish reversal above $4.20

$FUBO 3-Day Decline: -21.9%
What Happened: FuboTV’s Q1 revenue missed estimates, and guidance spooked investors despite 10% YoY growth. Traders took profits aggressively.
Technical Snapshot: RSI near 34 and holding just above its 200-day MA. Still within a longer consolidation range and could rebound quickly with a tech or media sector lift.
Quick Upside Potential? Yes. A move back toward $2.80–$3.00 is on the table if sentiment improves and volume confirms.
Watch Level: $2.35 support is critical

Bottom Line
Among these oversold plays, $PHAT offers the most attractive near-term bounce opportunity given its extreme RSI, panic-level volume, and technical proximity to 52-week lows—ideal for a sharp short-covering rally. However, $WGS and $FUBO are also strong rebound candidates worth watching on Monday.