Page 906 - How to Make Money in Stocks Trilogy

Black Belt Trading: Investing Like a Pro 159

Price Scale 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 12 11 10 9 8 7 240,000,000 180,000,000 120,000,000 60,000,000 © 2012 Investor’s Business Daily, Inc.
Volume Sep 12

Jun 12 Mar 12

Sold remainder of position on bad break of 10-week moving average Sold portion of position on break of 10-week moving average Dec 11 Sep 11 Jun 11

118% gain Reduced position on stock split (203% gain) Mar 11 Dec 10 Sep 10

Added Jun 10

Mar 10
Added Dec 09
Bought 2nd position Initiated position as stock regained 40-week moving Sep 09 Jun 09 Mar 09

Baidu Inc Ads (BIDU)—Weekly Chart 2009–2010 Chinese provider of Internet search, targeted online advertising, and other Internet content services Jim Roppel $29M profit in BIDU trades. Core position held for 107 weeks. At peak, held 650,000 split-adjusted shares. average Dec 08 Sep 08 Jun 08