- Stage 1 - Basing Phase
- 30 week Moving Average loses its downward slope and starts to improve
- Stage 2 - Advancing Phase
- 30 week moving average slopes up.
- Close is above the 30 week Moving Average, with higher lows
- Fundamentals improve
- Stage 3 - The Top Phase
- Loses momentum
- Choppy market
- 30 week Moving Average loses upward slope and flattens
- Stage 4 - Declining Phase
- Close line below the 30 week Moving Average (MA)
- 30 week Moving Average is sloping down
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Stage Analysis
Stage Analysis:
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