RE: Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis
(2023-04-16, 03:45 PM)pcabc Wrote: Interesting, as I recall I think where you managed to interview Stan Weinstein (what a coup) where the there is a requirement for the Mansfield RS zero line to be rising? I've searched but failed to find it. Yes, it can take a while to move up.
The rising part was observation that I made, as the failure rate of Stage 2 breakouts when it wasn't rising was much higher, as the stocks tend to still have a large amount of overhead resistance when the zero line is still declining. So hence it is a quality check, but not a requirement that would stop a stock from being in Stage 2.
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.