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Suitability: For conservative investors seeking ideal
entry points for stocks in overall up trend and with good earnings. The key is
that the stock has pulled back but now appears poised to resume its up
trend.
Guidelines: These issues work best in bull markets and sometimes in trading range markets. The key is for one to enter near the recent low. and have confidence the stock will resume its up trend supported by a strong earnings outlook.
Be careful when using them in bear markets. These issues require patience. They can also lead to a breakout from a base at times.
Investor's Temperament: Suitable for conservative investors who is a bargain hunter.
Potential Return: Some of these issues can be extremely big winners with low downside risk.
Bargain Buy Stocks - Number of bargain play setups (4) spotted for this week.
TTD's Favorite Pick among Potential Bargain Buy Stocks - September 27
Home Inns & Hotels Management Inc. (HMIN) - 46.89
Set Entry Point at - 46.89
Set Protective Stop Sell Near - 44 - after entry
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TTD's Quality Rating of Stock -HMIN - ABOVE AVERAGE |
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