Amateur's AK47

Cont'd discussion about Guerilla Investing: Winning Strategies for Beating the Wall Street Professionals

Start buying immediately upon seeing the following pattern:

1. A stock trades in a small price range for about six months or more.

2. During the preceding time, when price goes up, so does price and when volume goes down so does price.

3. Then, suddenly, huge volume is traded on the upside as price breaks out of its range.

4. Volume drops as the stock continues going up but on up moves, volume is greater than on down moves.

...back next week...

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