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Here's Why CorMedix (CRMD) Is a Great 'Buy the Bottom' Stock Now
CRMDCorMedix(CRMD) ZACKS·2024-09-09 14:56

Shares of CorMedix (CRMD) have been struggling lately and have lost 7.7% over the past week. However, a hammer chart pattern was formed in its last trading session, which could mean that the stock found support with bulls being able to counteract the bears. So, it could witness a trend reversal down the road. The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bullish case for the s ...