All good things must come to an end. After a massive run-up in Stage 2, the upward momentum slows down. The stock begins to move sideways again, forming a top. During this phase, institutional investors sell their shares to late-coming retail investors who are buying based on hype or FOMO (Fear Of Missing Out). Volatility increases dramatically, and support levels begin to look fragile. Stage 4: The Markdown Phase

The chart forms a rounding top, head and shoulders, or double top. 4. Markdown (Stage 4) Price breaks below key support levels. The asset makes lower highs and lower lows.

Technical Analysis Using Multiple Timeframes By Brian Shannon Pdf Free Hot! 57 Official

All good things must come to an end. After a massive run-up in Stage 2, the upward momentum slows down. The stock begins to move sideways again, forming a top. During this phase, institutional investors sell their shares to late-coming retail investors who are buying based on hype or FOMO (Fear Of Missing Out). Volatility increases dramatically, and support levels begin to look fragile. Stage 4: The Markdown Phase

The chart forms a rounding top, head and shoulders, or double top. 4. Markdown (Stage 4) Price breaks below key support levels. The asset makes lower highs and lower lows.