[isatrader]

Do MA's truly show a change in trend? If we take the CECO chart you posted yesterday, although it is on the Daily, the price action fluctuates over and under the MA, where as the slopped down trendline (resistance) truly shows a break change in trend when it is broken. In this case it gaps up above trendline resistance and leaves almost an island bottom. Its quite a bullish chart this one tbh.

In my opinion they certainly help with identifying the Stage 2A breakout point, as if the 30 week simple moving average is still in a downtrend when the stock breaks above horizontal resistance from the last significant swing high, then it's still classed as being in Stage 1. So you don't have a move into Stage 2 unless the 30 week MA turns up also, or until it does, so horizontal trend lines are all that's needed really imo, as breakouts of downtrend lines only show a change in momentum not trend. As the trend change happens on the breakout to new highs above the Stage 1 base - i.e. the Stage 2A breakout point.