Page 30 - How to Make Money in Stocks Trilogy

America’s Greatest Stock-Picking Secrets 11

Price 220 190 160 140 120 100 80 70 60 50 40 34 30 26 22 19 16 14 12 10 8 Volume 80,000 50,000 30,000 18,000 © 2009 Investor’s Business Daily, Inc.
Dec 1899

Sep 1899

Jun 1899

Mar 1899

Buy A classic shorter 16-week cup- with-handle (note 4 weeks of tight closes at bottom) Volume increase on breakout Dec 1898
Sep 1898

Jun 1898 Mar 1898

Mass-production of steel for The Spanish-American War. Lowered freight costs by using its own railroad and lowered operating costs by employing convicts. Dec 1897 Sep 1897 Jun 1897 Mar 1897 Tennessee Coal & Iron increased 265% in 39 weeks.

Sep 1896 Dec 1896

Jun 1896 Mar 1896
trading volume for
Tennessee Coal & Iron–1898 Weekly Chart Weekly trading volume, color of volume matches color of price Average weekly prior 10 weeks Dec 1895 Sep 1895 Jun 1895