What Makes Coca-Cola European (CCEP) a Good Fit for 'Trend Investing'
Coca-Cola Europacific Partners(CCEP) ZACKS·2024-07-15 13:54
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. However, it's not enough to look at the price change for around three months, as it doesn't reflect any trend reversal that might have happened in a shorter time frame. It's important for a potential winner to maintain the price trend ...