Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market
. The price swings were getting smaller, from 25% to 10% to 3%. The "weak hands" were out. The supply was dry. Trade Like a Stock Market Wizard: How to
: Identifying stocks already in a Stage 2 uptrend , characterized by higher highs and higher lows. The supply was dry
The moving average is above the 150-day and 200-day averages. Current price is at least 30% above its 52-week low. Current price is within 25% of its 52-week high . Relative Strength (RS) rating is at least 70 (ideally 90+). Current price is at least 30% above its 52-week low
, characterized by prices being above the 50, 150, and 200-day moving averages. Fundamentals: Look for accelerating quarterly earnings (ideally growth) and revenue.
Minervini categorizes stock movements into four stages: Neglect, Advancing, Topping, and Declining. To achieve super performance, you should . To confirm a stock is in Stage 2, it must pass the Trend Template , which includes eight specific criteria: