Here's Why Zillow (ZG) Is a Great 'Buy the Bottom' Stock Now
Zillow Group(ZG) Zacks Investment Research·2024-01-12 16:17
The price trend for Zillow Group (ZG) has been bearish lately and the stock has lost 8.4% 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 analy ...