Page 1228 - How to Make Money in Stocks Trilogy

210 HOW TO MAKE MONEY IN STOCKS—GETTING STARTED

Stock 3: DryShips – 2007 Price
Weekly Chart Breakout 22
19
Prior uptrend Breakout 17
Flat base 15
14
13
Strong RS line
12
Cup-with-handle 11
10
Pulls back after breakout,
but quickly rebounds
Huge volume spikes reveal heavy
buying by institutional investors
© 2013 Investor’s Business Daily, Inc.
Volume
1,900,000
960,000
480,000
240,000

Mar 06 Jun 06 Sep 06 Dec 06 Mar 07
DryShips increased 815% from January 2006–January 2007.

Stock 4: Priceline – 2010 Breakout Price
Weekly Chart 420
380
Flat base
Breakout 340
Prior uptrend
300
280
Support at 10-week line 260
240
220
190
Deeper than normal 170
base: 37% decline 150
Cup 140
Huge demand: Volume on day 130
of breakout 356% above average 120
© 2013 Investor’s Business Daily, Inc.
Volume
8,000,000
5,000,000
3,000,000
1,800,000
Dec 09 Mar 10 Jun 10 Sep 10 Dec 10 Mar 11
Priceline.com increased 105% from August 2010–May 2011.