Here's Why Momentum in Ping An Insurance Co. of China (PNGAY) Should Keep going [Yahoo! Finance]
PING AN INS CO OF CHINA (PNGAY)
NASDAQ:AMEX Investor Relations:
pingan.cn/en/ir/index.shtml
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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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News
- Ping An Takes Lead in Fortune Fintech Innovator Asia list, Ranked 1st in InsurtechPR Newswire
- Ping An Takes Lead in Fortune Fintech Innovator Asia list, Ranked 1st in Insurtech [Yahoo! Finance]Yahoo! Finance
- Ping An Takes Lead in Fortune Fintech Innovator Asia list, Ranked 1st in InsurtechPR Newswire
- Ping An Takes Lead in Fortune Fintech Innovator Asia list, Ranked 1st in InsurtechPR Newswire
- Ping An Selected on Forbes' "World's Best Employer 2024" List, 2nd among China's Financial CompaniesPR Newswire