My Size (MYSZ) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?
My Size(MYSZ) ZACKS·2024-06-11 14:56
Here's What Makes the Trend Reversal More Likely for MYSZ Shares of My Size, Inc. (MYSZ) have been struggling lately and have lost 11.1% over the past week. However, a hammer chart pattern was formed in its last trading session, which could mean that the stock found support with bulls being able to counteract the bears. So, it could witness a trend reversal down the road. The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But ...