Page 908 - How to Make Money in Stocks Trilogy
P. 908
© 2012 Investor’s Business Daily, Inc.
16,000,000
24,000,000
32,000,000
8,000,000
Scale
Price
340
300
260
280
460
500
380
420
14
15
12
13
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24
22
19
11
Volume
Sep 12
Sold here and locked in gains
Jun 12
Mar 12
Dec 11
Sep 11
Bought back recent sells on regain
Jun 11
of 10-week moving average
Mar 11
Dec 10
Sep 10
Jun 10
Initiated position on breakout 240 220 190 170 150 140 130 120 Sold portion of position 110 100 on bad break of 10-week 90 moving average 80 70 60 50 Pyramided into position 46 42 38 34 30 28 26 Black Belt Trading: Investing Like a Pro 161
Mar 10
Dec 09
118% gain from double-bottom base Sep 09
Mar 09 Jun 09 Dec 08
Netflix Inc (NFLX)—Weekly Chart 2010–2011 Provides Internet subscription services to watch TV shows and movies to subscribers via netflix.com Jim Roppel $8.9M in profits for NFLX trades. Core position held for 42 weeks. At peak, held up to 160,000 shares. Sep 08 Jun 08 Mar 08 Dec 07 Sep 07

