Page 809 - How to Make Money in Stocks Trilogy

Breaking Boards: Successful Trades and Lessons Learned 87
600,000
800,000
400,000
200,000
35
25
30
40
Scale
Price
Volume
200-day moving average
50-day moving average
Sold at $36.90 to lock in gains
Big volume on breakout
25% gain
14 30 16 2 17 3 20 6 23 9 25 11 30 28 March February January December November October © 2012 Investor’s Business Daily, Inc.
Bought on breakout from cup base at $29.57 16 2 September
Buckeye Technologies Inc (BKI)—Daily Chart 2011–2012
August 19
Manufactures cellulose-based products for food casings, personal
5
22
8
July
24 10 June
care, display screens, and other markets Steve Power 27 13 29 15 1 May April