[Tryst]

CNS.L - Stage 1B, working through it's resistance after a deep Stage 4 decline. Volume dried up nicely during the Stage 1 base and picked up again this week as it moves towards the top of the Stage 1 range again. Relative performance has also flattened out over the last six months or so and is now above a newly rising zero line. So a potential move into Stage 2A if it can close above 23p area imo, and hence a bit of work to do still.

Thanks, Isatrader.

I had a look at this chart, and scaled out to the monthly chart. Over the 5+ years this chart has dropped from 600, give or take, in what was in what looks like a stage4 that happened over 2 years. It looks like it attempted a stage 2 in April 2012 but failed (on the month) which makes the monthly chart look like it is still in the very early stages of a basing phase.

So playing devils advocate, as I do , can we map Stan's stages (on a weekly basis), however many cycles from 1-4 occur onto the monthly chart?

Can we use the monthly chart to do the stages, or should we strictly stick to the weekly chart?