JackOfAllTrades0

darvas box breakout on UFO?

NASDAQ:UFO   Procure Space ETF
I like this play as a long term hold and seems to have broken the 27.00 range. Looks like a darvas box breakout on low volume . I would expect a retest of 27.00 as a cool off of the current run, then moving higher again. slightly overbought, but i wouldn't expect it to make a full correction. 27.00 has now become strong support. I would enter at 27.00 and set a 1% SL.

STOCH RSI and RSI are overbought
At top of bollinger band levels
Darvas box breakout in play

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