Back to top

L Brands Inc (LTD) Sees Hammer Chart Pattern: Time to Buy?

Read MoreHide Full Article
L Brands Inc has been struggling lately, but the selling pressure may be coming to an end soon. That is because LTD 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 #2 (Buy) suggesting this relatively unloved stock could be due for a breakout soon.

Normally $25 each - click below to receive one report FREE:

More from Zacks Tale of the Tape

You May Like