+- Stage Analysis Forum - Trading & Investing using Stan Weinstein's Stocks Breakout method (https://www.stageanalysis.net/forum)
+-- Forum: Main Board (https://www.stageanalysis.net/forum/Forum-Main-Board)
+--- Forum: Stan Weinstein's Stage Analysis - Stock Charts, Technical Analysis, Learn to Trade, Stocks, ETF, NYSE, Nasdaq (https://www.stageanalysis.net/forum/Forum-Stan-Weinstein-s-Stage-Analysis-Stock-Charts-Technical-Analysis-Learn-to-Trade-Stocks-ETF-NYSE-Nasdaq)
+--- Thread: US Stocks Breakouts & Breakdowns - SP500, NYSE, & Nasdaq Stock Charts (/Thread-US-Stocks-Breakouts-Breakdowns-SP500-NYSE-Nasdaq-Stock-Charts)
Pages:
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
208
209
210
211
212
213
214
215
216
217
218
219
220
221
222
223
224
225
226
227
228
229
230
231
232
233
234
235
236
237
238
239
240
241
242
243
244
245
246
247
248
249
250
251
252
253
254
255
256
257
258
259
260
261
262
263
264
265
266
267
268
269
270
271
272
273
274
275
276
277
278
279
280
281
282
283
284
285
286
287
288
289
290
291
292
293
294
295
296
297
298
299
300
301
302
303
304
305
306
307
308
309
310
311
312
313
314
315
316
317
318
319
320
321
322
323
324
325
326
327
328
329
330
331
332
333
334
335
336
337
338
339
340
341
342
343
344
345
346
347
348
349
350
351
352
353
354
355
356
357
358
359
360
361
362
363
364
365
366
367
368
369
370
371
372
373
374
375
376
377
378
379
380
381
382
383
384
385
386
387
388
389
390
391
392
393
394
395
396
397
398
399
400
401
402
403
404
405
406
407
408
409
410
411
412
413
414
415
416
417
418
419
420
421
422
423
424
425
426
427
428
429
430
431
432
433
434
435
436
437
438
439
440
441
442
443
444
445
446
447
448
449
450
451
452
453
454
455
456
457
458
459
460
461
462
463
464
465
466
467
468
469
470
471
472
473
474
475
476
477
478
479
480
481
482
483
484
485
486
487
488
489
490
491
492
493
494
495
496
497
498
499
500
501
502
503
504
505
506
507
508
509
510
511
512
513
514
515
516
517
518
519
520
521
522
523
524
525
526
527
528
529
530
531
532
533
534
535
536
537
538
539
540
541
542
543
544
545
546
547
548
549
550
551
552
553
554
555
556
RE: US Stocks - Watchlist and Discussion - kero - 2016-07-31
RE: US Stocks - Watchlist and Discussion - isatrader - 2016-08-02
AMRN - heavy relative volume the last few days as it's breaks out into early Stage 2. Monthly chart shows potential, and the 2 hour chart shows the volume surge.
RE: US Stocks - Watchlist and Discussion - isatrader - 2016-08-03
A bunch of interesting Stage 1 and 2 stocks today on the more than 3x daily average volume scan. A number of health care stocks popping up on the scan too today.
XXII (Stage 1), ADXS, AMKR, BZUN (Stage 1B), CZR (Stage 1), ETSY, NLS, SODA, SRI, XTLY
RE: US Stocks - Watchlist and Discussion - odlareg - 2016-08-03
hello Isa, I did a bit of investigation into this list. Most of them run into young or old resistence. Definitely on my buy list for today is XTLY. Will not be surprised if it will hit 19 dollar after a while. AMRN i wait for retracement.
RE: US Stocks - Watchlist and Discussion - isatrader - 2016-08-03
(2016-08-03, 07:56 AM)odlareg Wrote: hello Isa, I did a bit of investigation into this list. Most of them run into young or old resistence. Definitely on my buy list for today is XTLY. Will not be surprised if it will hit 19 dollar after a while. AMRN i wait for retracement.
Yes, quite a few have resistance still, obviously especially the Stage 1 stocks which will aways still be under long term resistance. So when I post stocks on the watchlist, I'm not suggesting that they are at a buy point unless I specially say, but simply they are shaping up and could be ones to watch.
XTLY did go through a buy point yesterday, but moved strongly higher, and so you need to be aware that it's already 7% above that level, and so a hard one to get into now as a trader stop would go under 11.5 imo, which is -20%, and hence you'd need to be looking for a 60%+ move for the 3 to 1 reward to risk ratio the trader method looks for.
Here's the more detailed charts of XTLY.
RE: US Stocks - Watchlist and Discussion - kero - 2016-08-04
Omega Healthcare investors looks interesting. Sectors are Real Estate/Healtcare Eq.&Serv., which are both strong. Looks as the stock is going to breakout, with increasing volume.
The RS of the stock is the only problem. It has been bear for some time. But the RS also look as being in the process of breaking out its resistance.
RE: US Stocks - Watchlist and Discussion - isatrader - 2016-08-04
(2016-08-04, 10:27 AM)kero Wrote: Omega Healthcare investors looks interesting. Sectors are Real Estate/Healtcare Eq.&Serv., which are both strong. Looks as the stock is going to breakout, with increasing volume.
The RS of the stock is the only problem. It has been bear for some time. But the RS also look as being in the process of breaking out its resistance.
It's already broken out into Stage 2A on the dividend and split adjusted charts that stockcharts.com use. Volume was only a little above average though, and RS is quite flat.
The Prorealtime software uses unadjusted charts, so you can miss the breakout point with those charts.
RE: US Stocks - Watchlist and Discussion - kero - 2016-08-04
Actually, ProRealTime also uses dividend adjusted charts (as configurable option), but I disable the option.
That's a point about which I'm thinking since a lot because I'm unsure about my position. I've already considered that dividend adjusted charts give a distorted view of the price actions, specially because support/resistance which are seen on charts doesn't reflect the real moves, hence it distorts the "price memory", which looks essential to me to define relevant levels. Also, I suppose that Weinstein used non adjusted charts in his book, which are a quite modern feature (but maybee he would have, if he could ?)
Another problem I see with adjusted charts is that their precision depends from the available information that the charts editors have. Sometimes, I have seen that a dividend has been detached, but the stock charts doesn't reflect it, probably because lack/forgot of information. Hence, having a simple rule (only using unadjusted charts) makes it simpler. All charts are drawn in the same way.
I'd be interested in your opinion. You consider that adjusted charts work better for Weinstein method ?