PNV - Chart, page-7409

Great analysis. I re-read Minervini's first book a few days ago to help reinforce some rules!

Stan Weinstein's Stage Analysis was a light-bulb moment for me, who Minervini draws upon. It's so simple, but extremely effective.

Here is my own version using a 5-year logarithmic chart, which shows that PNV has been in a Stage 2 uptrend for much of this period. The Guppy Multiple Moving Average helps to visualise the strength of the trend, rather than any specific entry or exit trigger, but it does indicate that PNV is in a precarious zone (especially as we are underperforming the market according to Mansfield Relative Strength indicator). With this in mind i've got my stops in place not too far from where we are now and alerts set if it can breakout of this Stage 1.



This website is a decent resource if anybody in interested in learning more about Stage Analysis:
https://www.stageanalysis.net/blog/category/learn-stage-analysis