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Black Belt Trading: Investing Like a Pro 145






           Price  Scale  60  50  46  42  38  34  30  28  26  24  22  19  17  15  14  13  12  11  10  9  8  7  6  5  4.6  4.2  3.8  3.4  3.0  2.8  2.6  2.4  2.2  1.9  1.7  1.5  1.4  1,200,000  900,000  600,000  300,000  © 2012 Investor’s Business Daily, Inc.

                                     RS Line        Heavy volume  Volume  Mar 97
                                          Sold position. Big price   drop below 10-week   moving average in   heavy volume  Dec 96






                  Ran 65% in   5 weeks            RS line at new high  Heavy volume  Sep 96

                          Bought again as stock breaks out  from cup-with-handle pattern  Jun 96  Mar 96










                                                                      Dec 95

                       475% gain                                      Sep 95




                                                                      Jun 95  Mar 95
            Centennial Tech Inc (CTN)—Weekly Chart 1994–1997
                                                                Above average volume
                orginal equipment manufacturers and value-added resellers Design, manufacture, and marketing of PC card-based solutions to   Kier McDonough  Bought on strong breakout   from base pattern  Dec 94  Sep 94  Jun 94
   882   883   884   885   886   887   888   889   890   891   892