Stage 4B- Example
$BEKE is potentially a rare example of the Stage 4B- Sub stage, the definition of which is:
"Stage 4B- Although not yet 'officially' in Stage 1A, stock has now seen its low for the cycle."
It made a capitulation low in August on heavy volume as a Selling Climax (SC), where institutional players began their accumulation campaign. So the reason for the Stage 4B- rating is that the sell off was so extreme that it will take a long time to develop into a Stage 1 base
Learn more at: https://stageanalysis.net/blog/4222/stan...sub-stages
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.