Here's Why NanoX Imaging (NNOX) Could be Great Choice for a Bottom Fisher
NNOXNano-X Imaging (NNOX) ZACKS·2024-08-27 22:55

The price trend for Nano-X Imaging Ltd. (NNOX) has been bearish lately and the stock has lost 19.7% 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.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 ...