Here's Why Momentum in Envela (ELA) Should Keep going [Yahoo! Finance]
Envela Corporation (ELA)
Company Research
Source: Yahoo! Finance
While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive. Our "Recent Price Strength" screen, which is created on a unique short-term trading strategy, could be pretty useful in this regard. This predefined screen makes it really easy to shortlist the stocks that have enough fundamental strength to maintain their recent uptrend. Also, the screen passes only the stocks that are 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 t
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ELA
News
- Envela (ELA) Is a Great Choice for 'Trend' Investors, Here's Why [Yahoo! Finance]Yahoo! Finance
- Envela Reports Third Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Envela to Announce Third Quarter 2024 Financial Results on November 5Accesswire
- Four Nines Announces Grand Openings in San AntonioAccesswire
ELA
Earnings
- 8/7/24 - Beat
ELA
Sec Filings
- 12/5/24 - Form 4
- 11/5/24 - Form 10-Q
- ELA's page on the SEC website