GUJGASLTD - Entering Stage-2 with strong candle - Stage analysis

13 มิ.ย.

The analysis is done on Weekly TF.
The purpose of sharing this analysis is to make viewers understand the stage concept

Legendary Trader - Stan Weinstein has introduced this concept of Stage analysis of a stock.
A stock goes through 4 stages in its lifetime and the cycle repeats.

Here you can see how the chart first started off from stage-1 phase and gave a strong rally in stage-2 thereafter cooling off in stage-2 (distribution phase) and finally falling in decline phase.

Again the stock has been in accumulation phase for past 25-28 months and now seems to be coming out of its stage-1 and entering into Stage-2
A stock moves fastest in its stage-2 and hence a stock entering stage-2 should always be on our radar for opportunities if we want to make good money.

This concept of Stage analysis has been used by many traders/investors like Mark Minervini and others.

The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade

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