Momentum Stock: Sterling Infrastructure

Sterling Infrastructure is an established organization in the heavy civil construction sector with a primary focus on infrastructure projects.

It has had a great run over the last 12 months but looking at the technicals that I like it does look overextended and I would be wanting to wait for a pull back into a better value area before considering any trade.

For risk management, a trailing stop loss of around 14% would have kept you in most of this trade. If it broke below that it could have been a good sign to exit and look for a new entry when the trend resumed.

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.

Comment:

Small pullback and consolidation after such a strong run. Still feels a little expensive looking at the RSI and MACD.