Stage Analysis ๐
Source : Stan Weinstein's Secrets For Profiting in Bull and Bear Markets
1. Stage Chart ๐
Stage 1 : Basing Area
Stage 2 : Advancing Stage
Stage 3 : Top Area
Stage 4 : Declining Stage
Source : Stan Weinstein's Secrets For Profiting in Bull and Bear Markets
1. Stage Chart ๐
Stage 1 : Basing Area
Stage 2 : Advancing Stage
Stage 3 : Top Area
Stage 4 : Declining Stage
Stage 1 : Basing Area
(a)Buyers & Sellers are starting to move into equilibrium
(b) Several Swings b/w support & resistance
(a)Buyers & Sellers are starting to move into equilibrium
(b) Several Swings b/w support & resistance
Stage 2 : Advancing Stage
(a) Initial rally & a pullback
(b) MA Starts to trend upwards
(c) Successive leading peaks
(a) Initial rally & a pullback
(b) MA Starts to trend upwards
(c) Successive leading peaks
Towards the end of Stage 2 advance
(a) Erratic price swings
(b) Angle of ascent of the MA will slow down
(a) Erratic price swings
(b) Angle of ascent of the MA will slow down
Stage 3 : Top Area
(a) Buyers & Sellers are again at equal strengths
(b) Moves are sharp & choppy
(c) Price will move back & forth along the MA
(a) Buyers & Sellers are again at equal strengths
(b) Moves are sharp & choppy
(c) Price will move back & forth along the MA
Stage 4 : Decline Stage
(a) Sellers overpower buyers
(b) Fundamental news will still be good
(c) Volumes during decline can be low as well as high
(a) Sellers overpower buyers
(b) Fundamental news will still be good
(c) Volumes during decline can be low as well as high
Knowing what to throw away & what to keep
The cycle repeats all over again with the start of base formation ( Stage 1)
By learning the consistent discipline of following market's message of charts we too can learn to be cool, calm & calculating while others get consistently whipsawed by the greed fear syndrome.
By learning the consistent discipline of following market's message of charts we too can learn to be cool, calm & calculating while others get consistently whipsawed by the greed fear syndrome.
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