Bears are Losing Control Over Clearway Energy (CWENA), Here's Why It's a 'Buy' Now

The price trend for Clearway Energy (CWENA) has been bearish lately and the stock has lost 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 among Wall Street ...