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Posco (PKX) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now
浦项钢铁浦项钢铁(US:PKX) ZACKS·2025-05-26 22:55

Shares of Posco (PKX) have been struggling lately and have lost 7.8% over the past two weeks. 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 ...