ESS: ESS Tech (GWH) Forms 'Hammer Chart Pattern'
ESS Tech (GWH) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
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ESS is an Oregon-based energy storage company that designs, builds, and deploys iron flow batteries for commercial and utility applications.
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