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mendo's avatar

how do you combine

Trading Near 52-Week or Long-Term

with

Positive Stock Price Momentum?

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Dheeraj Namburu's avatar

Good question. I look for businesses that are coming out of their 52 week low. Obviously this isn't a slam dunk approach, but I've found that I've never lost money when using this combo. Like $FPH a few months ago.

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mendo's avatar

What do you consider a long enough serie/ time of positive momentum?

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Dheeraj Namburu's avatar

I look for a combination of hitting a 52 week low and then 5/6 weeks of positive upward momentum paired with a cheap valuation to assess a bottom. This part of "investing" is certainly more of an art than a science.

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