RE: Stage Analysis Beginners Questions
(2020-04-21, 12:44 AM)Mashed Wrote: Is this spot good? Or is late?
By the way, the volume i can see in TV is green or red. Does mean something? Sometimes i see big red volume and i don't know if that can be good or bad.
It has been over a year since it's Stage 2A entry point, which was very average at the time with no volume pickup. But it did have a strong recovery from the recent market selloff and is trading near the highs again, so there is potential for a possible continuation breakout. But if you are looking to get into stocks early in Stage 2, then you need to focus on stocks that are just breaking out from 6 months to 1 year bases.
As to volume. The colours on your chart just mean which direction the candle closed. So it's red if it was negative day for example.
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.