Perdoceo Education (PRDO) is on the Move, Here's Why the Trend Could be Sustainable
PRDOPerdoceo Education (PRDO) zacks.com·2024-05-22 21:51

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.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.Inves ...