Workflow
Here's Why Merchants Bancorp (MBIN) Could be Great Choice for a Bottom Fisher
Merchants BancorpMerchants Bancorp(US:MBIN) zacks.comยท2024-05-27 14:56

Understanding Hammer Chart and the Technique to Trade It Here's What Makes the Trend Reversal More Likely for MBIN An upward trend in earnings estimate revisions that MBIN has been witnessing lately can certainly be considered a bullish indicator on the fundamental side. That's because empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements. The formation of a hammer pattern is considered a technical indication of nearing a bottom with ...