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The price trend for Lynas Corp. (LYSDY) has been bearish lately and the stock has lost 5.4% 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 fa...
>>> Read more: Lynas Corp. (LYSDY) Could Find Support Soon, Here's Why You Should Buy the Stock Now
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 fa...
>>> Read more: Lynas Corp. (LYSDY) Could Find Support Soon, Here's Why You Should Buy the Stock Now
