RE: Investor Method Watchlist
(2015-01-03, 01:38 PM)Haridas Wrote: I am new, but according to my understanding this is breakout for the investors?
https://www.tradingview.com/v/DLrDM8xB/
No. Although technically in early Stage 2, HHS doesn't meet the strict entry criteria that the method requires. As all stocks move into Stage 2 at some point, but the purpose of the method is to identify the few stocks that show the potential to become the A+ big winners and have 100%+ moves during their Stage 2 advance. HHS still is yet to overcome near term resistance, has had no volume expansion since the breakout, and had no Stage 1 basing time. And so you need to consider the opportunity cost of investing in it over something with much better technical attributes.
To get a better idea of the entry criteria see the Stage Analysis Breakout Quality Checklist and to go more in-depth and understand what we are looking for, and why we'd pick a certain Stage 2A breakout over another, read the Stage Analysis Study Guide - Questions and Answers thread.
I hope that helps.
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.