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How I Use IBD to Find Potential Winning Stocks 377

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review is quite automatic. Daily charts can also help you spot possible future
winners. IBD daily charts include the following:

• Up days in price in blue; down days in red
• Continually updated price and volume data
• EPS and RS ratings
• Relative Price Strength line
• 50- and 200-day moving averages of price

Refer again to Chapter 2 to learn to recognize chart patterns. You may also
want to consult the “IBD University” section of Investors.com for a course
on chart analysis. Also remember that the majority of stocks tend to follow
the overall trend of the market, so be sure to check current market condi-
tions, as discussed earlier, to confirm that your overall timing is correct.

Weekly Charts—Tip-Off to Institutional Trading IBD weekly charts will help you gauge
institutional buying. Since mutual funds typically take days, if not weeks