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Here's Why Esquire Financial Holdings, Inc. (ESQ) Is a Great 'Buy the Bottom' Stock Now
ESQEsquire Financial (ESQ) Zacks Investment Research·2024-02-12 15:56

The price trend for Esquire Financial Holdings, Inc. (ESQ) has been bearish lately and the stock has lost 5.4% 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.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 on ...