“Even if you’re correct in your fundamental analysis, investor perception is what creates buy orders and you are going to need big buy orders in your stock to move it up significantly.” -Mark Minervini
There are several ways to Nirvana, we believe one should not confine themselves to a particular way of thinking. If you are following a particular path, you should try to keep refining your trajectory to reach different milestones in your journey. On the way you will encounter thoughts, studies and philosophies that may differ from your original way of thinking. Don’t shy away from embracing a new pattern of thinking and incorporate that into your original process to achieve superior results. This is very similar to Bolt-On acquisitions, the legendary investor Warren Buffett talks about. If you don’t have a particular capability in a business, then you must acquire that particular capability to make your business even more robust.
This is the thought that nudged us to explore the world of Technical Analysis. Though our core mindset will always be of assessing businesses by analysing the fundamentals, we find some very useful tools in technical analysis that can refine our results. We have started a series of Tech-Funda, wherein we will cover some very interesting tools that can immensely help Fundamental or Business Analysts like us. In this episode, we'll discuss Stage Analysis: Technical Analysis Tools for Multibaggers & Exits. This very simple yet powerful tool was first introduced by Stan Weinstein in his books and since then it has helped many budding investors like us.
