Page 65 - How to Make Money in Stocks Trilogy
P. 65
© 2009 Investor’s Business Daily, Inc.
30,000
18,000
Volume
80,000
50,000
4.5
6
7
8
Dec 1956
Sep 1956
Jun 1956
Mar 1956
Dec 1955
Sep 1955
Kaiser Aluminum increased 379% in 93 weeks.
3/1
Jun 1955
e
down from week before, the
n
Volume is up, if it had been
h
Mar 1955
,
stock could have failed
b
f
t
Dec 1954
g Price w e r r 120 Dow Jones Ind. n 100 80 70 60 50 40 e. l 34 h 30 This is the 200-day day a 0 This is the 200 e s T moving average line. e l g g v g g v m 26 A longer-term line. e e n A 22 19 Buy 16 14 10-week moving n o w 0 1 12 age line of prices ave
Reynolds Aluminum broke out to new highs a few Reynolds Aluminum broke out to new highs a few h u m weeks earlier and Alcoa broke out after Kaiser, meanin e A this was an industry turnaround for the leaders in the e u y group. Reynolds advanced a similar amount. group. Reynolds advanced a simil
e
c
f
Sep 1954
u
r
e
e
Re
a
p
group
Jun 1953 Sep 1953 Mar 1953
Kaiser Aluminum–1954 Weekly Chart 107/100 Dec 1952 Sep 1952 Jun 1952

