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Bears are Losing Control Over Bank7 (BSVN), Here's Why It's a 'Buy' Now
BSVNBank7(BSVN) Zacks Investment Research·2024-01-26 23:56

The price trend for Bank7 (BSVN) has been bearish lately and the stock has lost 7.6% over the past four weeks. 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 Street analysts ...