Shares of Nascent Wine CO advanced 12% today as the stock continued to move upwards at a strong pace to close at $.65 a share. After reaching a low of $.42 on August 19th, the share price has risen over 50%.
The chart shows a continued bullish move after the candle chart closed in a hammer formation. This is when the candle on the chart has a long shadow but small upper body that closes at the high of day.
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