After a prolonged stage 1 we see that the stock gave a rectangular box breakout and then formed a downward sloping channel post which we saw the stage 2 monstrous move. Now as they say "GOOD TIMES COME TO AN END" same is with the stock entering into stage 3 and stage 4..!!! The chart analysis is based on STAN WIENSTIEN's book. and is done on a weekly timeframe.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.