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Stock impact report

What Makes DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI) a Good Fit for 'Trend Investing' [Yahoo! Finance]

DoubleDown Interactive Co., Ltd. - American Depository Shares (DDI) 
Company Research Source: Yahoo! Finance
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. Our "Recent Price Strength" screen, which is created on a unique short-term trading strategy, could be pretty useful in this regard. This predefined screen makes it really easy to shortlist the stocks that have enough fundamental strength to maintain their recent uptrend. Also, the screen passes only the stocks that are trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness. There are several stocks that passed through the screen and DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI) is one of them. Here are the key reasons why this stock is a solid choice for "trend" investin Show less Read more
Impact Snapshot
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