RE: Stage Analysis Beginners Questions
(2020-04-27, 06:33 PM)Mashed Wrote: I have seen in other thread Netflix is consolidating a bull flag pattern. I would like to compare to a similar spot: Wallmart
Weekly chart: Better to choose Netflix because comes a larger stage 3? Or here in stage 3 is not necessary to look that?
Nice volumen in both.
Daily chart: Volume much better in netflix because grow up during the breakout. In Wallmart is during the coronavirus crash, and after the volume decrease.
2 Hours: Again we can see the volumen is better in Netflix.
So, if I am not wrong, volume is clear. But with same volumen, is better a larger stage 3?
Thanks again![]()
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PD Make sense for you compare similar graphic to see the differences?
Larger stage 3 is better. Volume is way better on Netflix than Walmart, but still not good enough to be considered A+. You would like to see at least 3 times the average daily volume on the breakout day.
All the best,
@marcushaugaard
- Marcus Haugaard
"The Tape Tells All" - Stan Weinstein
"The Tape Tells All" - Stan Weinstein