RE: Stage Analysis Beginners Questions
(2021-03-04, 08:45 PM)golubka20@gmail.com Wrote: Hello, everyone.
I have a question. How do you determine where to buy. What chart ( weekly or daily ) should I use.
For example, stock RIG-
If I look at the 1.6month chart weekly looks like it is started advancing - lt could be a good potential to buy
But if I look at 9 monthly -daily chart then it could be late to buy as it is very late at Stage 2B.
Would appreciate the help here. What are your thoughts?
The Stages are determined on the weekly chart. So RIG for example is in early Stage 2 attempting to make its first continuation breakout through the old resistance levels.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.