[JordanBrogan]

Hi, Sorry to  be a noob and a pest. Im trying to put everything into practise without making too many beginner errors

Would the 2 attached charts be start of stage 2 ?
Am i right in thinking that MGI would be good to enter now as its got good volume and no near resistance 

However UAA needs more volume to break the resistance before considering entering ?

First you need to use weekly charts when determining the Stages, and get your chart settings right. As the weekly chart uses the 30 week MA and 10 week MA.

Both are in early Stage 2A, but UAA is what we'd consider a low quality Stage 2, as it is still under significant zone of resistance, and the Relative Strength versus the S&P 500 is still below a declining zero line. So would likely need a lot more time before it was considered under the method. Probably another 6 months or more to get away from the resistance.

MGI was better, but its already move almost 50% above the breakout point. So you would be waiting for the initial Stage 2 pullback / next base to form for a potential entry.

Thank you!!