The time will come
It might become a 20$-Stock like Chapman said..
but until then.. you have to preserve your capital..
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Stan Weinstein's method of trading stocks focuses on identifying a stock's position within its four-stage cycle: accumulation, uptrend, distribution, and downtrend. His strategy emphasizes buying stocks in the uptrend stage, where they break out of consolidation with high volume and continue above the 30-week moving average, signaling a strong upward momentum. Weinstein advises selling once the stock enters the downtrend stage, as it drops below the 30-week moving average, thus minimizing losses and preserving gains.
but until then.. you have to preserve your capital..
---STD-TEXT:
Stan Weinstein's method of trading stocks focuses on identifying a stock's position within its four-stage cycle: accumulation, uptrend, distribution, and downtrend. His strategy emphasizes buying stocks in the uptrend stage, where they break out of consolidation with high volume and continue above the 30-week moving average, signaling a strong upward momentum. Weinstein advises selling once the stock enters the downtrend stage, as it drops below the 30-week moving average, thus minimizing losses and preserving gains.
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Disclaimer
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.