The strength of the recent price trends is supporting these shares. Calculated over multiple time frames (daily, weekly and monthly). Price momentum is the force behind these share prices that will assist them most likely to continue with the upward price trajectory. Momentum traders bet that the price of these shares is moving strongly upward and will continue to move in that direction until the trend loses strength.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.