[Lebo44]

Lebo44

Now, it is clear to me that, it is not necessary that when a stock enter a Stage 3a/3b, we are expecting for a Stage 4.

About the chart I posted. Stage 4 now is concluded.

Thanks.

Glad that I could help.

I'm just re-reading Stan's book over the weekend. I found the below in the Chapter 2:

"Once a Stage 3 top starts to form, traders should get the heck out with their profits! Investors, however, have more leeway. Once this stage is reached, I suggest that investors take profits on only half of their positions. There is always the chance that the stock will break out on the upside again, beginning yet another Stage 2 upleg."