[SebForLiberty]

Hello everyone, having study more about stage analysis, i have new questions for those among you who master this investment strategy. I hoppe you can help me

Firstly, i'm not sure i understand why volumes are important. Indeed in the books he explains than if volumes rise with the break out, it's a good sign because it shows that people are willing to buy. Ok, but it also shows that people are willing to sell...if nobody want to sell even with a rising price, which would also be a good sign, then volumes wouldn't rise. So do you have an explaination about it ?

Secondly, at page 151 of "secrets for profiting in bull and bear markets", the chart shows an example of a buying opportunity according to him. However the MA is still declining (even if the price is beyong the MA), so i don't understand, i thought we are supposed to avoid a stock with a declining MA, is it right ?

Finaly does he use a simple or an exponential MA ?

Thank you very much