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Past Top Stock Pick Learn from these chart patterns. (Past performance does not guarantee future results) Up 0% from $2.77 (2007-04-02)
On April 2, 2007 we profiled Boots & Coots Intl Well Inc (WEL) as a Top Stock Pick
to our members at $2.77. Within a period of six months, WEL did not meet our minimum profit objective of 15%. Obviously, we won't get every trade right, but here is what we had observed about WEL: - GSA Rank: 70.63 (Our proprietary ranking for WEL using fundamental AND technical factors)
- Accum/Dist Rank: 1.28 (Up vs. down volume action of WEL taken over several weeks)
Most importantly, WEL was trading just 3.5% 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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