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Stock impact report

Nektar (NKTR) Could Find a Support Soon, Here's Why You Should Buy the Stock Now [Yahoo! Finance]

Nektar Therapeutics (NKTR) 
Last nektar therapeutics earnings: 2/27 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.nektar.com/investor-relations
Company Research Source: Yahoo! Finance
3 min read In This Article NKTR Shares of Nektar Therapeutics (NKTR) have been struggling lately and have lost 11.5% over the past four 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 about the future earnings of this biopharmaceutical company is a solid fundamental factor that enhances the prospects of a trend reversal for the stock. 1-month candlestick chart for NKTR Understanding Hammer Chart and the Technique 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 Show less Read more
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