[isatrader]

hi isa,
    thanks for the info, I do find myself always watching from the sidelines and thought I'm doing some wrong...
that being said I want to see if there is other ways I can enter it safely. In the book it mentioned triple confirmation pattern, I feel like HEAR looks like one? 
   1. heavy volume – more than twice the underlying level, and for several weeks from the start of the breakout (volume picked up more than twice since march 26)
   2. relative strength that begins as negative or close to zero, but breaks out decisively to the upside along with the price (flat RS line with decisive positive swing)
   3. a big price move up (40%+) before the breakout signal – this implies a base pattern that has relatively wide swings up and down within the overall sideways trend (at april 30, it was more than 40%)
More over in the book it says bigger the base, bigger the move, HEAR had a flat base for a long period of time, therefore the breakout is more significant I find. Also it looks like a double-barreled action before breakout on April 09. I don't know much about head-shoulder formation, I think we can draw a neckline around 2.48?

This looks like an exceptional winner for stan?

Yes I agree, which is why I highlighted it. However, I didn't see it until about four weeks after the a Stage 2A entry point and so could only watch for a secondary entry to form at that point, as it was too late to enter safely (i.e. it was already 100% above the entry point). But the secondary entry point never formed, so I could only watch from the sidelines as it exploded higher.

So as I said previously, risk should always be the first consideration in any trade with the method. You shouldn't chase a stock that you've missed the entry point on, however good it looks in hindsight, as there's always other stocks that will be just as good in future. Just keep practicing how to identify them, and then you'll be ready for the next one. But always keep your losses small by getting in at the proper entry points, where you can limit your risk and you'll do much better than most, and start to catch the occasional exceptional winner. The downside to trading with a risk first aproach is that you'll have to watch some leave you behind. But the upside is that you'll losses will always be small and managable.