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...
-RFB: DB breakout, ATH and consolidated at 38.3 fib level prior to breakout. -TP: Box top -Exit/Stop loss: -4% or MA breakdown.
Possible good short idea with a break below the box $189/188 zone. I like the R/R on the short side with a volume pocket indicating a possible free fall to $180 .... Juicy Bulls have been defending this spot however and could also move back up towards top of the box. Watch for a break to the upside to go long. Short side invalidated if box holds. Essentially...
Stock gave huge breakout with decent volume on buy side. My prediction will be touch 3340 mark.you can take long entry from here.
As on 15-05-2021 Cup & Handle as well as Box Breakout . Final Target of 1270 Buy above 14th July Candle high Excellent results
As on 17-06-2021 Accumilation of 3 modes of breakout on a single price 0.618 breakout @ 90 Asc Triangle Breakout @ 90 Triangle Breakout ( RED ) @ 90 as major resistance in order to avoid false breakout Darvas Box Breakout @ 90 Target usually is height of triangle @ 17 points however, 105 lvls - 111 lvls was the previous high in 2018 . acting as a...
SILJ : Are you bullish on Silver ? Beautiful rectangle pattern on junior silver miners . Traders could trade the top and bottom of the rectangle or wait for a break of USD 18. Potential target of 22 if we break bullish. Then we could see 30 if Silver breaks past USD30-35. Trade safe.
Price is trading in a range and it is getting ready to breakout from the dARVAS box. AS you see in the chart, RSI is keep on rising and the price isn't supporting the same, that forms a positive divergence. Note: Not a SEBI registered, education purpose only. THANK YOU
Kotak bank chart looks interesting for me, while many private and PSU banks has rallied a little bit, this bank has not moved that much and the price is consolidating is a narrow range. And look at the RSI setup, it is gradually increasing daily which clearly tells you the price is getting ready to breakout soon.
Hello everyone. V-Bottom happened on the weakly. Volume Increase on rallies and decrease on corrections. Darvas box pattern - you have a shoot up and then the price consolidates within a box range... The stock was in a very long downtrend without any signals of reversal until now. Checked also the weakly chart. Basic materials are advancing.
The stock price is analysed purely based on Price action & Popular chart patterns. Analysis is done both on Monthly as well as on Weekly Time frame. It may take the stock price few weeks to months to reach potential targets Analysis is shared through below images. Monthly Chart - Falling Wedge Weekly Chart - Darvas Box Weekly Chart - Bull Flag ...
Target Price 25263.84 ; 26701.44 EMA 10 Close 23549.03 EMA 20 Close 23496.56 Low 23501.39