Answer: If it is producing tender new shoots, it may very well recover from its previous new care. Pruning it back should encourage new growth. Regular watering and feeding should help it gain strength so it can perform well. With any luck at all the plant will continue to grow nicely for you. However, if it does not thrive, even after all your TLC, you may want to replace it with a healthy new specimen. Sometimes overly stressed plants simply cannot and do not recover and it's best to replace them.
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