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Past Top Stock Pick Learn from these chart patterns. (Past performance does not guarantee future results) Up 61% from $2.14 (2009-09-21)
On September 21, 2009 we profiled Keryx Biopharmaceuticals Inc (KERX) as a Top Stock Pick
to our members at $2.14. Within a period of six months, KERX rose to a high of $3.45, for a return at it's peak of 61%. Obviously, one cannot sell exactly at the peak, but here is what we had observed about KERX: - GSA Rank: 80.37 (Our proprietary ranking for KERX using fundamental AND technical factors)
- Accum/Dist Rank: 3.47 (Up vs. down volume action of KERX taken over several weeks)
Most importantly, KERX was trading just 18.6% 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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