(This post was last modified: 2015-01-04, 01:13 AM by Haridas.)
RE: Investor Method Watchlist
(2015-01-03, 06:31 PM)isatrader Wrote:(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.
Thank you for the answer. So do you think this is better pick?
http://take.ms/15lQ6
Is my setup correct?