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Past Top Stock Pick Learn from these chart patterns. (Past performance does not guarantee future results) Up 32% from $22.04 (2003-10-14)
On October 14, 2003 we profiled American Home Mortgage Holdings Inc
(AHH) as a Top Stock Pick
to our members at $22.04. Within a period of six months, AHH rose to a high of $29.15, for a return at it's peak of 32%. Obviously, one cannot sell exactly at the peak, but here is what we had observed about AHH: - GSA Rank: 73.6 (Our proprietary ranking for AHH using fundamental AND technical factors)
- Accum/Dist Rank: 1.15 (Up vs. down volume action of AHH taken over several weeks)
Most importantly, AHH was trading just 7.8% 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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