RE: Stage Analysis Beginners Questions
Hello everyone,
First and foremost, thanks to whoever created and maintained this site. Very helpful and insightful.
I just came across this stock and I think it's potential winner:
1- Price just went above SMA
2- Impressive volume
3- RS just moved into positive territory
I know there's a lot of overhead resistance but the Stage 1 is extended over 8-9 months which leads me to believe that the resistance is not as significant. I'm wondering what other more experienced people think about it on a scale of 1 to 10.
Thanks