POND is a crypto of Marlin protocol providing a high-performance programmable network infrastructure for DeFi and Web 3.0. Like other Web 3.0 cryptos, POND has well performed recently. After losing 95% of value form its ATH, it has consolidated in a Darvas box since 2 months and a half. High volume trades have been realized and pushed the price to go up. The MA...
Technically: H4 big desc. candle, closed below the support line. No correction above 5% H1 shows us accumulation in a narrow range Bearish pattern There are empty zone below. Green dash line is an next support. Nicholas Darvas wrote his book after he understood that when the price follows the trend there should be possibillities to increae your position at local...
ATKR good earnings growth, nice VCP rounded base chart with potential breakout. Seeing good buy volume and testing $120 resistance level now. Can go long shares as options aren't extremely liquid, I'm trading JUL 120/125 debit spread looking for a breakout higher to $125 target. Rejection here could be looking back to 105 zone... my bias is long after a good...
Redington is consolidating in a range from 140 to 178 from past 8 months. It is kind of flagpole pattern. Seems very bullish if it sustains above 180. A weekly closing above 175 can be a sign of breakout as well. RSI is becoming stronger.
RCF has been consolidating in a tight range from last 1 year and it has finally managed to breakout of it with very heavy volumes. If todays closing is above 92.5, RCF is a good positional trade for minimum targets of 100, 110.
hsil is following the darvas box theory and is ready to move to the next box it is super bullish above 340 #nifty #dowjones
Weekly chart on XME looks bullish IMO. I went long commons with price targets above 53.5 and 59 , stop around 48. Nice breakout retest bounce and the volume leads me to be bias to more upside. Swinging this with shares, but the April 54C also looks active with 3K OI
I have drawn Fibonacci retracement from 154.45 to 394.45. I have also drawn a Darvas box from Fibonacci retracement level of 1.618 to 1 When in the box, it had a support at Fibonacci retracement level 1 => 394.45 and resistance is at Fibonacci retracement level 1.618 => 542.75 There was a price volume action when the price was entering as well as exiting the...
Flat base with VCP characteristics, I like the shakeout and the formation of the majority of the supply line. It is very constructive. I'm watching the stock very closely!
Clear Darvax box breakout on #CDSL after long Consolidation finally up move Resume,, Plan your Trade #happy trading.
BINANCE:ALICEUSDT Hello everyone 😃 Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! #ALICE has moved nicely above it's recent broken dynamics and it just reached the Darvas Box's high. 📚 I have 3 factors that makes #ALICE to surge above $30 or even $60 : - Moving...
NSE:BEML Broke out from consolidation phase, with volume buildup Resistance 1420 taken out. july-26 entered
classic darvas box setup, multi week range bound since Q2 earnings. Q3 earnings next week.
For any OTC gang , this technically looks ripe for a breakout higher. Already coming out of a consolidating base with good volume.
Good momentum and breakout from Raytheon. First PT $95 with possible retest of box breakout. SL $89 zone. Blue skies you gotta buy
Should be an exciting week for Snapchat with blue sky breakout and ATHs last Friday. 100 PT magnet. I think it gets there, just a matter of when. I'm long 10/15 85C letting these profits run. Highly recommend the book by Nicolas Darvas who made $2M trading stocks just by buying box breakout stocks or "Darvas Box Strategy". We may see a retest of the box...