[kero]

Atari (Paris).

For once, a question: would you trade a stock such this one ?

Basically I avoid penny stocks, but I really find this setup interesting. Note: the RS is really good.

The setup looks promising, but it's still Stage 1B currently. I'd say the Stage 2A breakout level looks to be a weekly close above 0.26 or more.

Thank you Isa.

Indeed, it looks as being still in stage 1. But to get the stock on the breakout, when it is starting the stage 2, shouldn't the entry stop order to be placed before the stage 2 starts ?

This actually leads me to a question. I work - accordingly with Weinstein's book - by placing stop orders before stage 2 start, so I can get the breakout when it happens (when the stage 2 starts). Now, by reading you guys, I have often the feeling that you don't enter your order before the breakout is confirmed by closure level and volume: this means that you only enter the day(s) after the breakout. Am I right ?