(2015-05-10, 10:30 AM)charlie_brown Wrote: I just finished to set up my amibroker for stage analysis. here is a classical examle, that I have found today (unfortunatly to late).
1. Industry index in uptrend, RS positive,
2. No historical resistance, the stock was breaking up in the new terrain,
3. Shortly before the breakout RS of the CMT went positive,
4. Volume explode at breakout.
what do you think?
Yep. It's a good example of a Trader method Stage 2 continuation breakout, and also has an important additional component of the Volatility Contraction Pattern (VCP), which was introduced as an addition to the Stage Analysis Trader method by Mark Minervini in his book Trade Like a Stock Market Wizard which expanded on Weinstein's Trader method and introduced the VCP pattern as a core pattern to look for when searching for stocks with potential to make the best quality Stage 2 continuation breakouts.
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.
RE: US Stocks - Watchlist and Discussion (Premium)
(2015-05-10, 04:50 PM)pcabc Wrote: Oops. Missed that. Well, they are still going well...
True. I just don't want to duplicate content if possible please. As site resources are limited, and we are already close to 20,000 images. So if you do want to mention a stock that's already been posted, then there's no need to post the chart as well if it's been posted in the same week please.
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.
