Page 1211 - How to Make Money in Stocks Trilogy

194 HOW TO MAKE MONEY IN STOCKS—GETTING STARTED

Texas Capital Bancshares – 2012 Breakout Price
Buy point: 10 cents 46
Weekly Chart above peak in base
42
38
34
30
28
26
24
22
Flat base: Chance to
Cup-with-handle 19
add shares or get in
if you missed earlier 17
cup-with-handle 15
Rising volume at and after
breakout shows funds are breakout
scooping up shares
© 2013 Investor’s Business Daily, Inc.
Volume
1,180,000
660,000
360,000
200,000
Sep 10 Dec 10 Mar 11 Jun 11 Sep 11 Dec 11 Mar 12 Jun 12 Sep 12 Dec 12
Texas Capital Bancshares – 2012 Breakout: Falls below buy Price
point but shoots higher
Daily Chart
one week later
Buy point: 10 cents
above peak in base
40
Support at
50-day line
Support: Keeps
closing at or above
Flat base buy point
35
Huge volume spikes show
funds scooping up shares
Heavy volume on breakout, but Volume
stock reverses to close down
800,000
500,000 © 2013 Investor’s Business Daily, Inc.
300,000
180,000
24 9 23 6 20 4 18 1 15 29 13 27
March April May June July
Texas Capital Bancshares increased 33% from June–October 2012.