Momentum Stock: Altisource Asset Management

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Altisource Asset Management Corporation is an alternative lending company that focuses on providing liquidity and capital to underserved markets. They also offer portfolio management and corporate governance services to institutional investors in the United States.

In terms of any kind of short term entry, the stock has had a pretty strong run and you might need to be patient and wait for a bit of a pullback closer to the SuperTrend line. It is a highly volatile stock with lots of movement so you would have needed a wide trailing stop loss of around 24% to have kept you in most of this trade.

As always how you interpret and decide to act on any results is up to you. This is just data not financial or trading advice and past performance is in no way any guarantee of future performance. Think of it as a way to spot stocks you might be interested in and can add to your watch list and perform further research on and or discuss with your broker.

Again. Not trading advice. Industries and companies change. Trends can end. Do your own research / discuss it with your advisor, but might be one to watch.

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