Stocks Crashed 3 Days Straight Here is Which Ones Are Poised for a Powerful Bounce This Week

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TopMomentum identifying companies with top momentum scores. With a focus on highlighting high-momentum stocks and market trends, TopMomentum provides timely updates and insights to help investors capitalize on strong market performers.
 

•  16 May 2025
 

$NFE — New Fortress Energy Inc. (-62.27% over 3 days)
Current Price: $2.66 | 52-Week High: $27.65 | RSI: 29.29 (Oversold) | Market Cap: $729M

Why the Crash?
$NFE’s brutal slide was triggered by a disastrous Q1 earnings report. The company posted a GAAP EPS loss of -$0.73, missing estimates by a wide margin, and revenues came in well below expectations ($470.5M vs. $614.5M consensus). Weakness spanned across all segments. Investors also fear an imminent debt restructuring given the cash crunch and widening losses. The stock hit multiyear lows and remains in a clear downtrend with a low RSI signaling oversold conditions.

Is a Bounce Worth It?
While $NFE is deeply oversold and priced for pessimism, the fundamental risks remain high. Debt restructuring could weigh on shares further, and turnaround is not guaranteed soon. However, for nimble traders, oversold conditions combined with such a severe drop could produce a sharp, if short-lived, technical bounce.

Short-term trade idea: Possible quick bounce from extreme oversold levels, but risk is high. Only consider if you can tolerate volatility and place tight stops.

$TVTX — Travere Therapeutics (-19.77% over 3 days)
Current Price: $16.80 | 52-Week High: $25.29 | RSI: 38.74 | Market Cap: $1.49B

Why the Drop?
$TVTX took a hit after the FDA accepted its review application for expanded approval of Filspari but with an unexpected caveat that spooked investors. The FDA’s decision injected uncertainty around timing and potential market access, leading to a selloff. Despite the pullback, the company remains fundamentally sound with a solid pipeline.

Is a Bounce Worth It?
This drop looks like a classic FDA overreaction. The downside appears limited since the application was accepted, and the approval process is ongoing. Traders who play FDA headline volatility may find $TVTX a candidate for a rebound as clarity emerges next week.

Short-term trade idea: Yes, an FDA-related dip with potential for a bounce if no further negative news arises. Monitor volume and news closely.

$GAU — Galiano Gold Inc. (-16.88% over 3 days)
Current Price: $1.28 | 52-Week High: $2.00 | RSI: 45.48 | Market Cap: $331M

Why the Dip?
Despite reporting a strong 142% revenue increase driven by higher gold prices and sales volume, $GAU slid in recent days. The market may be digesting the sharp move higher in recent weeks and taking profits. Additionally, $GAU’s sideways trend and moderate RSI suggest uncertainty, possibly tied to gold price volatility.

Is a Bounce Worth It?
$GAU is near support levels and still in a sideways range, not a strong downtrend. With gold prices showing some stability, the stock may offer a relatively lower-risk bounce opportunity as traders seek exposure to rising precious metals.

Short-term trade idea: Moderate upside potential exists for a tactical bounce, especially if gold prices remain firm. Entry around current levels could work for quick trades.

$SGML — Sigma Lithium (-15.86% over 3 days)
Current Price: $6.58 | 52-Week High: $19.19 | RSI: 34.23 (Near Oversold) | Market Cap: $1.02B

Why the Decline?
$SGML reported solid Q1 results with strong margins, production above target, and operational efficiencies. However, shares sold off on profit-taking after the recent run-up and concerns over the timing and financing of Plant 2 construction. Additionally, the stock is still in a downtrend technically and RSI hints at oversold territory.

Is a Bounce Worth It?
Despite the pullback, Sigma Lithium’s fundamentals are improving, and the long-term story on lithium demand remains intact. The current dip could be a strategic entry point ahead of Plant 2’s commissioning later this year, making it attractive for traders with a medium-term horizon.

Short-term trade idea: Good risk/reward setup for a rebound trade; watch volume and confirmation signals to time entry.

Bottom Line — Which Stock Offers the Most Attractive Near-Term Opportunity?
$NFE: Highly risky with significant fundamental challenges but oversold for a potential short-lived technical bounce.

$TVTX: Looks like the best short-term bounce candidate thanks to a clear FDA headline catalyst and limited downside risk.

$GAU: Offers a steady, moderate risk bounce linked to gold prices — good for traders seeking precious metals exposure.

$SGML: Strong operational base and growth potential, presenting a compelling entry on dips for the lithium bull case.