A full exit after a monster rally says less about the company’s science and more about how disciplined funds lock in wins when portfolio math starts to matter.
A patient, partnership-driven family office didn’t wait for fundamentals to break before walking away, and that timing may matter more than the sale itself.
RLX Technology (NYSE:RLX) fits Mark Minervini’s Trend Template with strong technicals, high relative strength, and accelerating revenue & earnings growth, making it a high-growth momentum candidate.
Key Takeaways: RLX’s third quarter revenue rose 52%, as its gross margin rose more than 3 percentage points to 27.2% following a regulatory crackdown in 2021 A year after expanding beyond its China base, international business accounted for more than half of the vaping company’s revenues in the third quarter
U.S. stocks could open on a negative note on Friday after the Federal Reserve chair Jerome Powell's comments on Thursday that the economy is showing enough strength that there is no need to be "in a hurry" on further rate cuts just yet.
