Textbook Darvas Box break, then immediate return to box at strong 200d EMA, and breaks above box within 3 days.
When I say Darvas Box I refer to any indicator that calculates based on local highs and local lows. For example, Aroon, SRSI, RSI.
There was also hidden bullish divergence in that box.
I'd say this is very bullish. High margin long with tight stops.
When I say Darvas Box I refer to any indicator that calculates based on local highs and local lows. For example, Aroon, SRSI, RSI.
There was also hidden bullish divergence in that box.
I'd say this is very bullish. High margin long with tight stops.