1 week Remitly Global (RELY) Loses -21.87% in 4 Weeks, Here’s Why a Trend Reversal May be Around the Corner Zacks

Remitly Global (RELY) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Earnings · Wall Street