Page 623 - How to Make Money in Stocks Trilogy

460 Bonus Chapter © 2009 Investor’s Business Daily, Inc.

Price 400 340 300 260 220 190 160 140 120 100 80 70 60 45 38 32 28 24 20 17 15 Volume 80,000 50,000 30,000 18,000

Dow Jones Ind. Jun 1928

Mar 1928
e m
Huge volume v g H on breakout t e o Dec 1927

Flat base at base s Fla l

s s s s Yes Y Y Y stock? k Buy point y Tight h Ti closes closes s t t Sep 1927
Would you buy this stock? Yes o this h buy y b you y base Base-on-base a on o Base a Has trouble breaking out Has trouble breaking out g a e t of double bottom, but then e u m b o holds in a nice tight flat base holds in a nice tight flat base b t n s Ma

Would
u
Double bottom b Dec 1926 Sep 1926

d d
Prior uptrend Prior uptrend o Jun 1926

Wright Aeronautical–1927 Weekly Chart Mar 1926 Dec 1925 Sep 1925