Investor Method Watchlist
This thread is also a place for people who trade using Weinstein's Investor method. So please share any charts that you have on your watchlist that are forming a Stage 1 base or moving into early Stage 2A, and also any charts of note that meet the investor method criteria below:
- Price Action - price above a flattening or rising 30 week moving average
- Relative Performance - strengthening and above the Mansfield Zero Line (Relative Performance 52 week MA)
- Volume - ideally two times the four week average or greater on the Stage 2A breakout week
- Support / Resistance - little or no heavy near term resistance.
The below chart is an edited example from Chart 3-1 on page 60 of the book and shows the ideal entry points for the investor method. The entry point marked with an "A" shows the breakout into early Stage 2A, and the entry point marked with an "B" shows the secondary lower risk entry point on the initial pullback within Stage 2A. To learn more about the investor method start by reading Chapter 3 in the book, and the various resources on the Stage Analysis forum.
Disclaimer: The charts posted in this thread are not recommendations to buy or sell, and are simply meant to highlight stocks that meet some or all of the criteria of Weinstein's method and might be worth doing more of your own research on.
Cheers
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.