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Stock impact report

Entrada Therapeutics (TRDA) Is a Great Choice for 'Trend' Investors, Here's Why [Yahoo! Finance]

Entrada Therapeutics, Inc. (TRDA) 
Company Research Source: Yahoo! Finance
But making sure of the sustainability of a trend to profit from it is easier said than done. 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 the screen and (TRDA) is one of them. Here are the key reasons why this stock is a solid choice for "trend" investing. A solid price increase o Show less Read more
Impact Snapshot
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