: The downtrend where selling pressure outweighs buying, often leading back to a new accumulation phase. Essential Tools for the Shannon Strategy Amazon.com: Technical Analysis Using Multiple Timeframes
: A clear uptrend characterized by higher highs and higher lows. by brian shannon technical analysis using multiple link
A cornerstone of Shannon's analysis is the recognition of the four distinct stages a stock moves through: : The downtrend where selling pressure outweighs buying,
: Use lower timeframes (like 15-minute or 5-minute charts) to find precise entry points that offer the best risk-to-reward ratio. by brian shannon technical analysis using multiple link
Technical Analysis Using Multiple Timeframes by Brian Shannon
: Sideways price action where institutional "smart money" begins building positions.