[UnschoolDag]

Thank you. I am a little confused as to why we call it a breakout when the stock/EFT has crossed the SMA 200 a while back. Per the Weinstein book, the breakout happens when the stock crosses the SMA 200 (he calls it 30 weeks) supported by lots of volume.

No, that's not correct. The breakout to Stage 2A happens when it clears the top of the Stage 1 range, which is determined by mulitple variables. But it is not when it crosses the 200 day MA on heavy volume, although that is a good thing, as the stock may still be in Stage 1 at that point.

There's a huge amount of examples on here of Stage 2A breakouts. So I'd recommend spending more time going through the threads and learning more about them, and the key requirements for finding the A+ candidates nad not just mediocure stocks, as you always need to consider the opportunity costs.

Ok, thank you, I will do that and keep learning.