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Stoke Therapeutics (STOK) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now
STOKStoke Therapeutics(STOK) ZACKS·2024-11-20 23:55

The price trend for Stoke Therapeutics, Inc. (STOK) has been bearish lately and the stock has lost 14.8% 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 ...