Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market: How to Achieve Superperformance in Stocks in Any Market

by Mark Minervini

STAGE 2 CHARACTERISTICS • The stock price is above its 200-day (40-week) moving average. • The 200-day moving average itself is in an uptrend. • The 150-day (30-week) moving average is above the 200-day (40-week) moving average. • The stock price is in a clear uptrend, defined by higher highs and higher lows in a staircase pattern. • Short-term moving averages are above long-term moving averages (e.g., the 50-day moving average is above the 150-day moving average). • Volume spikes on big up days and big up weeks are contrasted by volume contractions during normal price pullbacks. • There are more up days and up weeks on above-average volume than down days and down weeks on above-average volume.