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Stock picking based on gains from 52 week low

QuestionsCategory: QuestionsStock picking based on gains from 52 week low
tjbrune asked 3 years ago
Hi Pat, I read in a book about stock picking based on gains from 52 week low. It was looking if a stock is in an uptrend and reaching a first consolidation base after climbing up from a bigger base (>6months). If the price has at least doubled from 52 week low, this stock will climb a lot in future compared to other stocks (Taser stock was mentioned as an example). I think another point was that the stock should have gained at least 20% within 4 weeks.  Could this information also be used in addition to your criterias (to refine selection) ? Or do you think it does not matter too much as group rank matters more. As always thank you very much sharing your thoughts on it. Best regards, TJ
1 Answers
Avatar photoOwen Staff answered 3 years ago

Hi TJ,
Pat made this video for you...
https://youtu.be/FrTeIhyz_hg