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America’s Greatest Stock-Picking Secrets  29





           Price  120  100  80  70  60  50  40  34  30  26  22  19  16  14  12  10  8  7  6  4.5  Volume  80,000  50,000  30,000  18,000  © 2009 Investor’s Business Daily, Inc.


                                                                     Dec 1956

                                                                     Sep 1956


                                e
                               This is the 200-day  day  a  0 This is the 200  e  moving average line.  l  g  g  v  g  g  A longer-term line.  e  e  s  s  Jun 1956 Mar 1956
             Dow Jones Ind.    s  T  v  m  n  A  n  age line of prices  c  Dec 1955

                                         10-week moving  o  w  average line of prices  e  l  a  avera  Sep 1955


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                                                                     Jun 1955
                                                       n  e  h  ,    Mar 1955

            g w  e  r  r  n  e.  l  h  Buy   15-week cup-  u  k  15-w  15-w  e with-handle  Volume is up, if it had been  t  e down from week before, the  b  f stock could have failed  f  c  Dec 1954 Sep 1954 Kaiser Aluminum increased 379% in 93 weeks.
           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










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                                                                     Jun 1953 Sep 1953 Mar 1953
           Kaiser Aluminum–1954  Weekly Chart            107/100     Dec 1952 Sep 1952 Jun 1952
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