Place a protective stop-loss just below the recent swing low on the 15-minute or 65-minute chart. Because you drilled down to a lower timeframe to execute, your stop-loss is tight, minimizing financial risk while unlocking massive upside potential if the daily Stage 2 trend resumes. The Golden Rule: Listen to the Message of the Market
This stage begins with a breakout above the Stage 1 resistance level, accompanied by heavy volume. The stock makes a series of higher highs and higher lows. Moving averages align in sequence (e.g., the 10-day is above the 20-day, which is above the 50-day), and they all slope upward. This is the prime environment for swing traders to buy pullbacks and breakouts. Stage 3: Distribution (The Top) by brian shannon technical analysis using multiple link
Brian Shannon is a highly regarded market technician and educator who pioneered the use of multiple timeframe analysis to understand stock market behavior. His definitive work, Technical Analysis Using Multiple Timeframes Place a protective stop-loss just below the recent
