Understanding relative price strength

"Relative strength is a method of selecting favorable stocks, based on the observation that stocks tend to travel in price trends: upward, downward, or sideways. This predilection is often called "momentum." The concept of investing with trends is counterintuitive to most investors. I...

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Bibliographic Details
Other Authors: Kirkpatrick, Charles D Author (author)
Format: eBook
Language:Inglés
Published: [Place of publication not identified] FT Press 2010
Edition:1st edition
Series:FT Press Delivers
Subjects:
See on Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009629036906719
Description
Summary:"Relative strength is a method of selecting favorable stocks, based on the observation that stocks tend to travel in price trends: upward, downward, or sideways. This predilection is often called "momentum." The concept of investing with trends is counterintuitive to most investors. It suggests that, rather than looking for bargains, the investor should look for stocks that are rising and already trading at high valuations. The author presents current evidence of the success of using relative price strength as an investing strategy and gives specifics on when to buy or sell stocks based on its premises"--Resource description page.
Item Description:Bibliographic Level Mode of Issuance: Monograph
Physical Description:1 online resource ([18] p.) : ill
ISBN:9781282659094
9786612659096