This tape of a young stock exhibits the stages as described in the classic book by Stan Weinstein “Secrets for Profiting in Bull and Bear Markets.
After the post-IPO drop, the stock entered Stage 1 where it was essentially the base for a terrific Stage 2 growth stage.
Recently, it topped out (Stage 3) and it is likely that it has entered a Stage 4 decline phase as this weekly chart shows the price making a strong move through its 30 week SMA (the Green curve).
A great place to short this stock as it’s corresponding sector (Tech) is showing it’s exhaustion after an incredible run.
No buy-and-hold territory. This could get ugly, no matter how much investing houses have sung the praises of this company.
After the post-IPO drop, the stock entered Stage 1 where it was essentially the base for a terrific Stage 2 growth stage.
Recently, it topped out (Stage 3) and it is likely that it has entered a Stage 4 decline phase as this weekly chart shows the price making a strong move through its 30 week SMA (the Green curve).
A great place to short this stock as it’s corresponding sector (Tech) is showing it’s exhaustion after an incredible run.
No buy-and-hold territory. This could get ugly, no matter how much investing houses have sung the praises of this company.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.