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Recent Price Trend in Pacific Basin Shipping (PCFBY) is Your Friend, Here's Why
PCFBYPACIFIC BASIN(PCFBY) Zacks Investment Research·2024-04-26 13:51

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.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 aliv ...