Here's Why Momentum in China Yuchai (CYD) Should Keep going [Yahoo! Finance]
China Yuchai International Limited (CYD)
Last china yuchai international limited earnings: 3/30 06:00 am
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Source: Yahoo! Finance
And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- that could keep the momentum in the stock going. Investors looking to make a profit from stocks that are currently on the move may find our "Recent Price Strength" screen pretty useful. This predefined screen comes handy in spotting stocks that are on an uptrend backed by strength in their fundamentals, and trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness. There are several stocks that passed through the screen and China Yuchai (CYD) is one of them. Here are the key reasons
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News
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