Ponce Financial (PDLB) is on the Move, Here's Why the Trend Could be Sustainable
PDLBPonce Financial (PDLB) ZACKS·2024-07-17 21:51

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. 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 st ...