Here's Why American Public Education (APEI) Looks Ripe for Bottom Fishing
American Public Education(US:APEI) Zacks Investment Researchยท2024-04-09 14:56The price trend for American Public Education (APEI) has been bearish lately and the stock has lost 7.4% 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.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 St ...