The detailed question was:
I have a question in relation to how to read a chart. I do not know how to identify whether investors are accumulating a stock or distributing a stock. Do you know if there is any technique to identify these situation?
Some investment book said prior to a company's share price advances, it will go through an accumulation stage. Or prior to a company's share price drops, it will go through a distribution stage. I wonder how to identify this period in the weekly or daily price chart.
What you are talking about is my value model and to some extent my growth model, which are basic to my stock selection strategies. They are fully described with examples in my book Building Wealth in the Stock Market, Buy it here: http://www.bwts.com.au/index.cfm/colins-books/building-wealth-in-the-stock-market/