Page 76 - How to Make Money in Stocks Trilogy

34 A WINNING SYSTEM

Price 100 80 70 60 50 40 34 30 26 22 19 16 14 12 10 8 7 6 4.5 ll yp 3.8 Volume 120,000 70,000 40,000 20,000 Jun 1959 © 2009 Investor’s Business Daily, Inc.

Add: first Add: first s f d A pullback to k a pu 10-week line k li k e 10 0 Fast drop after t p r s climax top, sell if s x you hesitated to sell ittd t d ta he stock on the way up stock on the way up e t o o Mar 1959
6 weeks
weeks
ks
k
k
Sell: climax top, price Sell: climax top t m c e doubles in last 6 w a o Buy: 4-week k w high tight flag htfla t hti t hig y k 10-week e - t base t base flat bas s with tight t t with tigh g h s weeks e Note: number of tight g o e u : weekly closes and d a
price
w
r
Dow Jones Ind. n Bu h h Buy Buy Add Add A y Buy Buy 1 f w w handle e e l o k e n k e y y p r w o r e Jun 1958 Mar 1958

Market correction t r c k 43-week cup-with-handle a with h p- week cup Huge volume—supply — e l and demand at work and demand at work a e Dec 1957 Sep 1957

43
4
Jun 1957
Mar 1957 Universal Controls increased 645% in 51 weeks.

Dec 1956

Sep 1956
3/1
Jun 1956

Mar 1956

Dec 1955

Sep 1955 Jun 1955
Universal Controls–1958 Weekly Chart Mar 1955 Dec 1954