RE: Stage Analysis Beginners Questions
I'm hoping to get some feed back on which ones here would be best to order from the below for continuation buys.
I'm listing the status in RS, Cap, Company Age, description
MDB 1.74, 13.4B, 13Yrs - Consolidation shows a nice pattern, but I'm also seeing that it's losing steam. Is is a long rest before rocketing off or is it done is the bigger question. The RS is definitely not putting it on the best form. The solid pattern is all that it's got going for it.
RPAY 1.75, 2.03B, 14 Yrs - A messier consolidation pattern and it's also losing steam apparently. Being a small cap is the only thing I think it's got going for it.
OKTA 2.04, 27.56B, 11 Yrs - Consolidation shows a nice pattern and it's also losing steam. RS is not that great but better than the previous two.
SQ 6.36, 69.36B, 11Yrs - Very nice RS, but I may have missed out on it. The trend is still going higher and there seems to be a semi consolidation. I'd be happier, if there was a better consolidation pattern.
TSM 2.28, 376.83B, 33Yrs - Somewhat good RS with a solid consolidation pattern. I feel that this may be the safest choice given it's background, but I believe losing a big chunk of that growth a month ago is the biggest risk weighing against me. The fact that it's a large cap and a much older company is off putting.
TTWO 1.43, 19.89B, 27Yrs - Solid pattern is all that it's got going for it and missing that initial chunk of growth doesn't help. The fact that it's a small-mid cap for a 27 year old company is not bolstering its profile.
BILI 4.15, 15.71B, 11Yrs - High RS with slightly downward consolidation with a convincing stage 2 trend. It's my pick for this bunch, but the only downside is that it's a Chinese company with some geopolitical background luring ominously.
ENPH 4.85, 9.25B, 14Yrs - High RS, small cap, young company that is growing into a market that is more accepting of its profile. Downside is that I may not be buying into a consolidation because it's still trending up. Buying into these puts me at a risk of trapped into an actual consolidation.
FUV 9.74, 0.207B, 13Yrs - Very high RS, mini cap, somewhat young company with a very stretched consolidation pattern down trending. Seems very risky to buy into a down trending continuation buy.
NIU 1.52, 1.52B, 6Yrs - Very young company with a small cap at a very low RS. The continuation pattern is also awful. If it was solid enough with a near 2 RS, I may have considered it over BILI.
What do you guys think? Do you I have put in a wrong order?