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Past Top Stock Pick Learn from these chart patterns. (Past performance does not guarantee future results) Up 56% from $438.39 (2015-06-11)
On June 11, 2015 we profiled Amazoncom Inc (AMZN) as a Top Stock Pick
to our members at $438.39. Within a period of six months, AMZN rose to a high of $684.82, for a return at it's peak of 56%. Obviously, one cannot sell exactly at the peak, but here is what we had observed about AMZN: - GSA Rank: 71 (Our proprietary ranking for AMZN using fundamental AND technical factors)
- Accum/Dist Rank: 1.42 (Up vs. down volume action of AMZN taken over several weeks)
- Projected Growth Rate: 33.50% (AMZN's projected 5-year growth rate)
Most importantly, AMZN was trading just 4.3% 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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