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Here's Why AEON Biopharma, Inc. (AEON) Is a Great 'Buy the Bottom' Stock Now
AEONAEON Biopharma(AEON) Zacks Investment Research·2024-04-19 14:56

The price trend for AEON Biopharma, Inc. (AEON) has been bearish lately and the stock has lost 23.2% 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 only factor ...