Recent Price Trend in Atour Lifestyle Holdings Limited Sponsored ADR (ATAT) is Your Friend, Here's Why
Atour Lifestyle (ATAT) ZACKS·2024-10-08 21:50
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 ...