Stage Analysis Video Training Course

US Stocks Breakouts & Breakdowns - SP500, NYSE, & Nasdaq Stock Charts - Page 1

#1

US Stocks Breakouts & Breakdowns - SP500, NYSE, & Nasdaq Stock Charts

This thread is a place for people who trade using Weinstein's Trader method. Please share any charts that you have on your watchlist that are already in Stage 2, making or close to making continuation breakouts, and also any charts of note that meet the following trader method criteria below:

  1. Price Action - price above a rising 30 week moving average
  2. Relative Performance - above the Mansfield Zero Line (Relative Performance 52 week MA)
  3. Volume - ideally two times the four week average or greater on the Stage 2 continuation breakout week, or three times the average daily volume on the breakout day
  4. Support / Resistance - little or no heavy near term resistance.
For Stage 4 continuation breakdowns the reverse of the above conditions should be true.

The below chart is Chart 3-3 from page 62 of the book and shows the ideal entry point for the trader method. The entry point marked with an "A" shows a Stage 2 continuation move. To learn more about the trader method start by reading Chapter 3 in the book, and the various resources on the Stage Analysis forum.

   

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Disclaimer: The charts posted in this thread are not recommendations to buy or sell, and are simply meant to highlight stocks that meet some or all of the criteria of Weinstein's method and might be worth doing more of your own research on.

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.
#2

Investor Method Watchlist

This thread is also a place for people who trade using Weinstein's Investor method. So please share any charts that you have on your watchlist that are forming a Stage 1 base or moving into early Stage 2A, and also any charts of note that meet the investor method criteria below:

  1. Price Action - price above a flattening or rising 30 week moving average
  2. Relative Performance - strengthening and above the Mansfield Zero Line (Relative Performance 52 week MA)
  3. Volume - ideally two times the four week average or greater on the Stage 2A breakout week
  4. Support / Resistance - little or no heavy near term resistance.
Not all charts will meet all of the criteria above, so don't be afraid to post any charts that only have some of the attributes, but don't have others, as they may develop in time. So please get involved.

The below chart is an edited example from Chart 3-1 on page 60 of the book and shows the ideal entry points for the investor method. The entry point marked with an "A" shows the breakout into early Stage 2A, and the entry point marked with an "B" shows the secondary lower risk entry point on the initial pullback within Stage 2A. To learn more about the investor method start by reading Chapter 3 in the book, and the various resources on the Stage Analysis forum.

   

Disclaimer: The charts posted in this thread are not recommendations to buy or sell, and are simply meant to highlight stocks that meet some or all of the criteria of Weinstein's method and might be worth doing more of your own research on.

Cheers

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.
#3

RE: Watchlist - Investor method

This will be a good thread and I'll see if I can post some of my watchlist items. I work for a sell side research firm and on my own time I screen through industry and stock charts looking for favorable technical patterns (Stages 1 and 2A).

#4

RE: Watchlist - Investor method

(2013-03-01, 02:13 AM)gdiddy Wrote: This will be a good thread and I'll see if I can post some of my watchlist items. I work for a sell side research firm and on my own time I screen through industry and stock charts looking for favorable technical patterns (Stages 1 and 2A).

That would be really good. My thinking with this and the other watchlist thread is that it's a good way for us all to collaborate and see what others are looking at, as they might find stocks that you've missed yourself or give you new ideas in areas that you don't focus on.

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.
#5

RE: Watchlist - Traders method

CERN attempting to make a continuation breakout today.



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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.
#6

RE: Watchlist - Traders method

A couple of small caps with good relative strength versus the S&P 500 making continuation breakouts, but not good volume pickups for either though. EXLS and RGR



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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.
#7

RE: Watchlist - Investor method

GTY attempting to complete a breakout from a one and half year base. Will need to see a volume surge to make it more interesting.

[Update] It closed the week at 20.15, which is above the 19.94 range high from July 2012, and so is a confirmed Stage 2 imo.



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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.
#8

RE: Watchlist - Traders method

AAPL makes another Stage 4 continuation move, but now approaching previous support levels in the upper 300 levels. The swing target is roughly in 350 area.



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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.


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