Here's Why Permian Resources (PR) Is a Great 'Buy the Bottom' Stock Now
Permian Resources (PR) ZACKS·2025-03-06 15:55The price trend for Permian Resources (PR) has been bearish lately and the stock has lost 11.3% over the past week. 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 among Wall Street anal ...