Here's What Could Help Hoya Corp. (HOCPY) Maintain Its Recent Price Strength [Yahoo! Finance]
HOYA CORP S/ADR (HOCPY)
NASDAQ:AMEX Investor Relations:
hoya.co.jp/english/investor/index.html
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Source: Yahoo! Finance
But making sure of the sustainability of a trend to profit from it is easier said than done. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- that could keep the momentum in the stock going. Investors looking to make a profit from stocks that are currently on the move may find our "Recent Price Strength" screen pretty useful. This predefined screen comes handy in spotting stocks that are on an uptrend backed by strength in their fundamentals, and 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 Hoya Corp. (HOCPY) is one of them. Here are the key reasons why this stock is a solid choice for "trend" investing. A solid price increase
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