RE: Stage Analysis Beginners Questions-NWC.TO
NWC.TO to me seems OK as an entry now as it is just above the 30 EMA, and it is above the cloud. Volume is not great on weekly but beyond that do you see any reasons why this may not be a solid entry now? On the chart in red I drew the resistance line but when you use the Weinstein method do you look at things like support, resistance lines? I know Stan looked at trendlines based on what he wrote in his book.
Thanks again for any comments on the attached chart.
Brian