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Here's Why Bar Harbor (BHB) Is a Great 'Buy the Bottom' Stock Now
BHBBar Harbor Bankshares(BHB) ZACKS·2024-11-21 15:56

Shares of Bar Harbor Bankshares (BHB) have been struggling lately and have lost 8.7% over the past two weeks. 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 bullis ...