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I just signed up for the two week trial. Regarding top pick coco: Is 39.72 the pivot point or did you have an earlier point of entry? What is the 5.52 just to the right. What does the vertical part of the stop loss line represent? On other charts it doesn't seem to be significant. Once you actually make a purchase do you state that on the chart immediately?
Thank you, A: Hi,
COCO never made our Top Pick, it just happens to be a highly ranked stock in the database. If you click on the Top Picks button, you should see the Top Pick for the week or most recent one. The "Past Picks" link shows our past Top Picks going back several months. For COCO, $39.72 was the latest price, 5.52 was the change in price yesterday. Let us know if there is still doubt in your mind as to how to see our Top Picks.
The vertical part of the stop-loss line is somewhat insignificant, since it simply shows the start of the stop-loss calculations - the data starts from zero. We use approximately 6 months of data to begin calculating the stop-loss line, based on support and resistance points in the stock data.
Once a stock makes our Top Pick selection, we purchase at the market the next trading day, assuming of course, that we are not fully invested already, and have funds available for purchase.
Hope that helps.
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