Here's Why Enterprise Financial Services (EFSC) Is a Great 'Buy the Bottom' Stock Now
Enterprise Financial(EFSC) ZACKS·2024-08-14 14:56
The price trend for Enterprise Financial Services (EFSC) has been bearish lately and the stock has lost 8.9% over the past two weeks. However, the formation of a hammer chart pattern in its last trading session indicates that the stock could witness a trend reversal soon, as bulls might have gained significant control over the price to help it find support. While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism amo ...