How To Read Stock Charts: Counting Bases

See how counting bases can help you reduce your risk and increase your profits.
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[@xixiaobo]

Really enjoying this old series, can you please put up more of these?

[@cottondai]

Nice tip.

[@zhaoliu7166]

thank you very much!

[@TheWinghochui]

Thanks for your sharing!

[@scarfo441]

on what time frame do you count the bases?...the daily?

[@rohitchotalia5236]

Does IBD analyse Indian Stocks?

[@MuhammadIchsan21]

So, breaking out of base 1 is actually breaking out of stage 1? And base 2, 3, and so on exist on stage 2

[@nehasingh625]

Yes mostly 2,3,4 bases exists in stage 2 then we have stage 3 and finally stage 4, stage 1 is accumulation and base 1 is too, then stage 2 is bull run phase in which 2nd base is important , usually 3rd and 4th base are more extended then we have stage 3 distribution and finally stage 4 bear run... hope this helps

[@TheCaju]

​@@nehasingh625i was exactly thinking the same. You confirm. Thanks

[@FranciscoRodriguez-cm1yx]

Are these cup and handle patterns also known as fibonacci retracements. I like the ibd 50 top performing stocks in the ibd newspaper.

[@jakebendall8092]

No, Fibonacci retracements are a completely different indicator based on the Fibonacci ratios (a mathematical formula).

[@susannahepstein8883]

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[@charlescottrell6640]

Im a novice that made 4.5 btc in my first attempt to trade all thanks to her, she’s everything y'all need right now.

[@badgerbeall6260]

Her strategy has been helping a lot of traders/newbies out there, with her program i was able to recover my losses from the crash so swiftly.

[@lindsey2894]

Pls, how do i get Patricia ?

[@user-fu2cq4tw9k]

...

[@susannahepstein8883]

That's her handle up there☝

[@morehn]

I am a big fan of IBD, but I gotta say, I doubt you'll ever see a consolidation like this following a cup and handle.
I would bet you'll always see a fakeout to the downside before the stock continues higher.

[@RangesRider]

You are right. That fakeout to the downside is those who are closing their positions and breakeven

[@morehn]

@@RangesRider or likely buyers getting stopped out and investment funds loading up onmore shares.
IBD's classic handle pattern always pulls down before springing up.

[@marketmania363]

Is this Bill Gates?