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0 -0.00184842883548979 -0.00184842883548979 0.0166358595194086 0.022181146025878 0.0314048059149723 0.0249537892791129 0.0166358595194086
Stock impact report

Here's Why CorMedix (CRMD) Is a Great 'Buy the Bottom' Stock Now [Yahoo! Finance]

CorMedix Inc. (CRMD) 
NASDAQ:AMEX Investor Relations: cormedix.com
Company Research Source: Yahoo! Finance
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. 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 factor that makes a bullish case for the stock. On the fundamental side, strong agreement among Wall Street analysts in raising earnings estimates for this pharmaceutical and medical device company enhances its prospects of a trend reversal. What is a Hammer Chart and How to Trade It? This is one of the popular price patterns in candlestick charting. A minor difference between the opening and closing prices forms a small candle body, and a higher difference between the low of the day and the open or close forms a long lower wick (or vertical line). The length of the lower wick being at least twice the length Show less Read more
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