Stan Weinstein's Stage Analysis

This is a discussion on Stan Weinstein's Stage Analysis within the Technical Analysis forums, part of the Methods category; Originally Posted by theblackmamba looking at the chart i meant july.. do you broadly agree with my chart Yep it ...

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Old Nov 28, 2011, 2:23pm   #61
 
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Re: Stan Weinstein's Stage Analysis

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looking at the chart i meant july..
do you broadly agree with my chart
Yep it looks almost there. Although during the 2010 Stage 3 area on your chart it dipped into Stage 4 briefly and then had a brief stage 1 before breaking out into a new Stage 2.
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Old Nov 28, 2011, 2:31pm   #62
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Re: Stan Weinstein's Stage Analysis

have you got a detailed stage analysis chart including 1a 3a etc etc..i found one the other day but can't find it now..
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Old Nov 28, 2011, 2:42pm   #63
 
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Re: Stan Weinstein's Stage Analysis

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have you got a detailed stage analysis chart including 1a 3a etc etc..i found one the other day but can't find it now..
Here's the breakdown of the stages:

http://www.trade2win.com/boards/tech...ml#post1695880

There isn't a diagram showing 1a, 1, 1b etc - just the simple diagram of the four major stages. So how I've been learning the stages is looking at the global trend alert newsletter from 2005 here:

http://www.trade2win.com/boards/tech...ml#post1675626

As it has the whole S&P 500's stocks from Feb 2005 stages, plus all the sectors. So you can look back in your own charting software at the hundreds of individual stocks and will then know what to look for better.

Hope that helps
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Old Nov 28, 2011, 2:48pm   #64
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Re: Stan Weinstein's Stage Analysis

cool. thanks.. you did want someone to correspond with..hope i not going on toooooo much....
you watching anything?
wopuld you agree ATK is similar to aml..on daily needs to clear 640, and on weekly about 1a?
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Old Nov 28, 2011, 3:13pm   #65
 
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Re: Stan Weinstein's Stage Analysis

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cool. thanks.. you did want someone to correspond with..hope i not going on toooooo much....
you watching anything?
wopuld you agree ATK is similar to aml..on daily needs to clear 640, and on weekly about 1a?
No worries, it's good to talk to someone about it. Like I said it will help me focus and learn myself as I think you always learn better in an interactive manner. Although I do have to pop out for some physio in a bit, so will be offline after this for a few hours, as I have a broken collarbone at the moment.

Precious metals are my main focus at the moment. There's a short covering rally today across the board so I'm watching how they react at key resistance levels this week.

ATK.L does look similar to AML.L - the weekly is on the 30 week MA, but needs to have a good close above it to move into Stage 1A, as it's at the critical point where it can easily reverse to continue in Stage 4.

On the daily 640 looks a good level to clear, but look at the weekly as there's some strong resistance there from January's low, so that might take a while to overcome as the resistance is within the last year.

Relative strength and volume are more positive than AML.L though.
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atk_weekly_25_11_11.png   atk_rs_weekly_25_11_11.png   supportserv_weekly_25_11_11.png  

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Old Nov 28, 2011, 3:39pm   #66
 
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Re: Stan Weinstein's Stage Analysis

isatrader started this thread I noticed both of your picks are stocks that have fallen hard like the market has and so have resistance to fight through still. A big component of the method relative performance versus the market. You want to buy strength and sell weakness, so I'll give you an example of one of my current trades to illustrate this. The market trend was down when I bought this, so it breaks the rules a bit, but I think it's a good example of a good relative strength stock breaking out and currently retesting the breakout level. It might fail because the market is still negative, but has potential to move higher because of the size of the base and lack of resistance above it.
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Old Nov 28, 2011, 4:03pm   #67
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Re: Stan Weinstein's Stage Analysis

ouch. my mum broke her shoulder a 6 weeks ago, and they unable to even consider operation for another 6 weeks..
i can see why you bought rr. the other day.
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Old Nov 28, 2011, 4:39pm   #68
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Re: Stan Weinstein's Stage Analysis

what you think of this as a potential traders entrance... had a 4 then a pullback to 30wma.. now if starts falling dsay below 350 with stop above 383?
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Old Nov 28, 2011, 5:13pm   #69
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Re: Stan Weinstein's Stage Analysis

good first and second entry with volume, rel strength shooting etc..
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Old Nov 28, 2011, 5:22pm   #70
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Re: Stan Weinstein's Stage Analysis

wat you think to ppc? on weekly broke out stage 1?, then pulled back, now looking to go off again.
only thing is breakout volume was low?
do you find uk volume on breakouts work? i must admit in all years i traded ive ignored it as there not a lot of it in general unlike usa shares
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