NuScale Power (SMR) Could Find a Support Soon, Here's Why You Should Buy the Stock Now
SMRNuScale(SMR) ZACKS·2024-07-29 22:55

Shares of NuScale Power Corporation (SMR) have been struggling lately and have lost 29.3% 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 abou ...