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Relative Strength Line Should Hit New High Just Before A Breakout.(B)(INVESTOR'S CORNER)

Publication: Investor's Business Daily

Publication Date: 30-SEP-05
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COPYRIGHT 2005 Investor's Business Daily, Inc.

Byline: KATHARINE STALTER

If you're an investor, you already know that some breakouts work better than others.

In some cases, a stock seems to have formed a proper base and cleared its buy point, but the breakout fizzles. All the elements looked in place at the moment of truth: strong sales and earnings growth, good price action, higher-than-normal volume.

But there's another indicator to check -- the stock's Relative Strength line. That...

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