Stan Weinstein split every stock cycle into four stages, and Mark Minervini buys only in Stage 2, the advancing phase. This is step 2 of the Minervini ladder: it keeps the rising 200-day moving average from step 1 and adds the moving average alignment of the Trend Template, so the list shows stocks on European exchanges whose price is above the 50-day simple moving average, the 50-day is above the 150-day and the 150-day is above the 200-day. When all lines are stacked in this order, the trend is up on every time frame. Step 3, the Trend Template, adds the 52-week range and relative strength tests. Prices are in euros, and the list covers stocks traded on Xetra, Euronext Paris, Euronext Amsterdam, Euronext Milan and the Madrid Stock Exchange with at least 0.5 million euros in average daily trading value.
