Yes, each stage would be a nurture. The same transition rules moving them to the next stream would add them to the next nurture. I use an exit stream (no content) and change their status to Inactive. Remember to leave people in the nurture to keep their data. Your current framework is good, so there might not be a need for changing direction. Once you have data and see it in action, you'll be better informed on how you might alter it moving forward. There's so many ways of doing something, build to your outcomes and how you'll best be able to report on them.
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