Provide a concrete example of a stock setup using this method.
Stage 2: Markup (Bull Market) /\ /\ / \ / \ / \______/ \ / \ Stage 1: Stage 3: Accumulation Distribution ______ ______ / \ / \ / \ / \ \ / \ / \___________/ Stage 4: Markdown (Bear Market) Stage 1: Accumulation (The Bottoming Phase) Provide a concrete example of a stock setup
After a prolonged decline, the asset stops making lower lows and begins moving sideways. During this stage, smart money is quietly buying shares. Price action is choppy, and moving averages flatten out. Shannon advises against trading heavily in Stage 1, as capital can get tied up for months in a directionless market. Stage 2: Markup (The Bullish Trend) Price action is choppy, and moving averages flatten out
: Experts from the SteadyTrade Podcast emphasize that while it gets into the "nitty-gritty" of technicals, it remains accessible for "newbies". Price action is choppy