Here's Why Naspers (NPSNY) Is a Great 'Buy the Bottom' Stock Now
ZACKS·2026-02-09 15:56
The price trend for Naspers Ltd. (NPSNY) has been bearish lately and the stock has lost 9.8% over the past four 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.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 th ...