E-House (China) (EJ) Sees Hammer Chart Pattern: Time to Buy? - Tale of the Tape
E-House (China) Holdings Limited ( EJ ) has been struggling lately, but the selling pressure may be coming to an end soon. That is because EJ recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom.
Plus, earnings estimates have been rising for this company, even despite the sluggish trading lately. Estimates have actually risen so much that the stock now has a Zacks Rank #1 (Strong Buy) suggesting this relatively unloved stock could be due for a breakout soon.
E-HOUSE CHINA (EJ): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research