1st Century Bancshares, Inc. (FCTY) Sees Hammer Chart Pattern: Time to Buy? - Tale of the Tape
August 27 2013 - 7:04AM
Zacks
1st Century Bancshares,
Inc. (FCTY) has been struggling lately, but the
selling pressure may be coming to an end soon. That is because
FCTY 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.
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