Ensign Group (ENSG) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?
ZACKS· 2025-02-12 15:55
Shares of Ensign Group (ENSG) have been struggling lately and have lost 11.2% 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.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 Street analysts about the future earn ...
Here's Why CARGO Therapeutics, Inc. (CRGX) Could be Great Choice for a Bottom Fisher
ZACKS· 2025-02-12 15:55
The price trend for CARGO Therapeutics, Inc. (CRGX) has been bearish lately and the stock has lost 6% 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 ...
Disc Medicine, Inc. (IRON) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now
ZACKS· 2025-02-12 15:55
A downtrend has been apparent in Disc Medicine, Inc. (IRON) lately. While the stock has lost 6.5% over the past four weeks, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock 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 that makes a bullish ...
Here's Why Inovio (INO) Could be Great Choice for a Bottom Fisher
ZACKS· 2025-02-12 15:55
A downtrend has been apparent in Inovio Pharmaceuticals (INO) lately. While the stock has lost 13.2% over the past two weeks, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock 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 that makes a bullis ...
Here's Why Bath & Body Works (BBWI) Looks Ripe for Bottom Fishing
ZACKS· 2025-02-12 15:55
A downtrend has been apparent in Bath & Body Works (BBWI) lately. While the stock has lost 8.6% over the past week, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock 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 that makes a bullish case for ...
Freshpet (FRPT) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now
ZACKS· 2025-02-12 15:55
Shares of Freshpet (FRPT) have been struggling lately and have lost 16% 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.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 Street analysts about the future earnings o ...
Online Event Ticketing Global Business Report 2024-2025 & 2030: Integration of Mobile Wallets and Cryptocurrency, Dynamic Pricing and Personalization Adoption, Hybrid and Virtual Events Drive Demand
GlobeNewswire· 2025-02-12 15:55
Online Event Ticketing Market Online Event Ticketing Market Dublin, Feb. 12, 2025 (GLOBE NEWSWIRE) -- The "Online Event Ticketing - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.The global market for Online Event Ticketing was valued at US$30.8 Billion in 2024 and is projected to reach US$40.4 Billion by 2030, growing at a CAGR of 4.6% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helpi ...
Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are'
CNBC· 2025-02-12 15:54
Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve will probably hold off on cutting its benchmark interest rate.The bank's retail customers are spending about 6% more money in the first 40 days of this year compared with the same period in 2024, Moynihan told CNBC's Leslie Picker. That rate is an acceleration from the spending growth seen in the final three months of last year, he noted."That's driving price firmness, demand firmness," ...
Why Zillow Stock Crashed an Unlucky 13% Today
The Motley Fool· 2025-02-12 15:53
Zillow Group (Z -11.67%) (ZG -12.83%) stock tumbled 13.1% through 10:20 a.m. ET Wednesday, despite beating Wall Street sales forecasts in its earnings release last night.Heading into the quarter, analysts forecast Zillow would collect $546.7 million in sales for its fourth quarter of 2024. In fact, Zillow reported revenue of $554 million. Zillow Group Q4 earningsThis was a pleasant surprise, and not only to analysts. Zillow noted that it, too, was surprised by its sales strength, which grew 17% year over ye ...
Iron Mountain to Post Q4 Earnings: What's in the Cards for the Stock?
ZACKS· 2025-02-12 15:51
Iron Mountain Incorporated (IRM) is slated to release fourth-quarter and full-year 2024 results on Feb. 13, before the opening bell. The quarterly results are likely to display year-over-year growth in revenues and adjusted funds from operations (AFFO) per share.See the Zacks Earnings Calendar to stay ahead of market-making news.In the last reported quarter, this real estate investment trust (REIT) delivered a surprise of 1.80% in terms of AFFO per share. Results reflected solid performances in the storage ...