Page 893 - How to Make Money in Stocks Trilogy

Black Belt Trading: Investing Like a Pro 149

Price Scale 600 500 460 420 380 340 300 280 260 240 220 190 170 150 140 130 120 110 100 90 80 70 60 50 46 42 38 34 30 28 26 24 22 19 17 15 14 13 30,000,000 22,500,000 15,000,000 7,500,000 © 2012 Investor’s Business Daily, Inc.
Volume
RS Line
Mar 09

Dec 08 Sep 08

Sold as stock broke 10-week moving average on big volume Jun 08 Mar 08

88% gain Huge volume Dec 07

Bought again as stock broke out from cup base 62% gain Got shaken out as stock broke 10-week moving average Sep 07 Jun 07 Mar 07

First Solar Inc (FSLR)—Weekly Chart 2006–2009 Manufactures and sells solar modules for residential and commerical markets in the United States, Europe, and Asia Kier McDonough Bought as stock found support at 10-week moving average Dec 06 Sep 06 Jun 06