RE: Stage Analysis Beginners Questions
(2021-07-15, 11:36 AM)Lebo44 Wrote:(2021-07-15, 10:46 AM)yellowcup Wrote: -So basically in the chart of Starbucks, An early stage 3B occur then followed by a stage 2A breakout? or this is still in the Stage 2B
area.
Yes, the Starbucks entered Stage 3 but failed to enter Stage 4. Instead transitioned into another Stage 2 and went a little bit higher.
In case of the chart you posted - the stock also ended its Stage 2 and entered Stage 3 (30MA is flat and the price is oscillating around it). Also there was another Stage 3 earlier after the Stage 2 breakout.
Lebo44
Now, it is clear to me that, it is not necessary that when a stock enter a Stage 3a/3b, we are expecting for a Stage 4.
About the chart I posted. Stage 4 now is concluded.
Thanks.