Page 239 - How to Make Money in Stocks Trilogy

How to Read Charts Like a Pro and Improve Your Selection and Timing 121

General Cable Price
60
Weekly Chart
50
40
34
30
Buy pointpointpoin
B Buy t t 26
22
A A C C 19
16
14
D D
B B 12
3
3 tighttighttight 10
closeso
8
7
6
Volumemo e
d drrry-upyupp V V Volume upolume upum 4.5
Volume
5,000,000
3,000,000 © 2009 Investor’s Business Daily, Inc.
1,600,000
Sep 2005 Dec 2005 Mar 2006 Jun 2006 Sep 2006 Dec 2006 Mar 2007

Precision Castparts Price
160
Weekly Chart 140
120
100
B
Buy pointt t t
80
A A
C C 70
60
50
D D
B Handle 40
Handle
drifts downts dow
34
30
26
22
19
Big 16
Bigg
v volumem 14
volume
clueul Voolume upu Volumem e 12
dry-upu V Volume uplolumeo
1
Volume
8,000,000 © 2009 Investor’s Business Daily, Inc.
5,000,000
3,000,000
1,800,000
Dec 2005 Mar 2006 Jun 2006 Sep 2006 Dec 2006 Mar 2007 Jun 2007 Sep 2007