RE: Stage Analysis Beginners Questions
(2019-06-30, 02:38 PM)malaguti Wrote: Indeed correct, the last resistance (often the last high) will prove to be the breakout point. and then volume is supposed to confirm this breakout. please though go through the threads as has been mentioned on here, the ichimoku cloud (especially on the daily) will also highlight potential resistance. somewhat uncannily.
mark these on your charts, and then you're questions will help you, and help us in getting to the answers quicker
ISA has on his threads a 10 point checklist. go through them and at least have your own ranking criteria
we are happy to help, even though i gave you a hard time. its not for my ego but your journey.
My purpose on this forum is to learn, and I will be grateful to anyone willing to answer one of my posts, in whichever way they want. So don't worry about giving me a hard time, and thank you for sharing your knowledge.
I have a tendency to get excited when I see large volumes. But you helped me understand that I shouldn't buy on high volumes, but on breakouts confirmed by large volumes.