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Black Belt Trading: Investing Like a Pro 161
Price Scale 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 12 11 32,000,000 24,000,000 16,000,000 8,000,000 © 2012 Investor’s Business Daily, Inc.
Volume Sep 12 Jun 12
Sold here and locked in gains Mar 12 Dec 11 Sep 11
Bought back recent sells on regain of 10-week moving average Sold portion of position on bad break of 10-week moving average Pyramided into position Jun 11 Mar 11 Dec 10 Sep 10 Jun 10
Initiated position on breakout 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
