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Past Top Stock Pick Learn from these chart patterns. (Past performance does not guarantee future results) Up 92% from $8.3 (2017-03-20)
On March 20, 2017 we profiled Chegg Inc Common Stock (CHGG) as a Top Stock Pick
to our members at $8.3. Within a period of six months, CHGG rose to a high of $15.95, for a return at it's peak of 92%. Obviously, one cannot sell exactly at the peak, but here is what we had observed about CHGG: - GSA Rank: 70.84 (Our proprietary ranking for CHGG using fundamental AND technical factors)
- Accum/Dist Rank: 1.85 (Up vs. down volume action of CHGG taken over several weeks)
- Projected Growth Rate: 25.00% (CHGG's projected 5-year growth rate)
Most importantly, CHGG was trading just 3.4% 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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