Here's Why Momentum in Northwest Pipe Co. (NWPX) Should Keep going
NWPXNorthwest Pipe(NWPX) Zacks Investment Research·2024-05-08 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 s ...