Is this down leg finished?
If we accept that as a finished pattern, then we could have:
1st scenario:
2nd scenario:
Or:
Educational:
Darvas box theory is a technical tool that allows traders to target stocks with increasing trade volume. The Darvas box theory is not locked into a specific period, so the boxes are created by drawing a line along the recent highs and recent lows of the period the trader is using.
Action plan:
Watch for price action!
My calculations: possibly retest 288 this week!
Best,
If we accept that as a finished pattern, then we could have:
1st scenario:
2nd scenario:
Or:
Educational:
Darvas box theory is a technical tool that allows traders to target stocks with increasing trade volume. The Darvas box theory is not locked into a specific period, so the boxes are created by drawing a line along the recent highs and recent lows of the period the trader is using.
Action plan:
Watch for price action!
My calculations: possibly retest 288 this week!
Best,
Comment:
287.77
Comment:
288.34
Comment: