Entering into Stan Weinstein stage 2 - Breakout
A healthy correction is needed for any market to setup for the next run. This the time when you must sit on cash and observe the market's behaviour.
Every chart will show the signals for consolidations and outperforming breakouts. That is the place where you need to start showing interest in them again.
I am sharing one such example here - the chart is showing signs of strength in both price and momentum and outperforming the benchmark.
Every chart will show the signals for consolidations and outperforming breakouts. That is the place where you need to start showing interest in them again.
I am sharing one such example here - the chart is showing signs of strength in both price and momentum and outperforming the benchmark.
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