Bears are Losing Control Over United Bankshares (UBSI), Here's Why It's a 'Buy' Now

Understanding Hammer Chart and the Technique to Trade It 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 stock. On the fundamental side, strong agreement among Wall Street analysts in raising earnings estimates for this holding company for United Bank enhances its prospects of a trend reversal. This is one of the popular price patterns in candlestick chartin ...