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Past Top Stock Pick Learn from these chart patterns. (Past performance does not guarantee future results) Up 0% from $11.72 (2011-01-10)
On January 10, 2011 we profiled Asia Entertainment & Resources Ltd (AERL) as a Top Stock Pick
to our members at $11.72. Within a period of six months, AERL did not meet our minimum profit objective of 15%. Obviously, we won't get every trade right, but here is what we had observed about AERL: - GSA Rank: 71.73 (Our proprietary ranking for AERL using fundamental AND technical factors)
- Accum/Dist Rank: 2.28 (Up vs. down volume action of AERL taken over several weeks)
Most importantly, AERL was trading just 1.2% off it's 52-week high price, and had a breakout from a sideways price consolidation pattern, a clear signal to time our position. It is imperative to not only buy the best stocks that are fundamentally sound, but also to time your purchase correctly.
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