US Stock In Play: $HMHC (Houghton Mifflin Hardcourt Company)classic darvas box setup, multi week range bound since Q2 earnings. Q3 earnings next week.
Darvasbox
$TMGI OTC beautyFor any OTC gang , this technically looks ripe for a breakout higher. Already coming out of a consolidating base with good volume.
$RTX breakout #RaytheonGood momentum and breakout from Raytheon. First PT $95 with possible retest of box breakout. SL $89 zone.
Blue skies you gotta buy
$SNAP Blue Sky BreakoutShould 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 ($83 zone) before a further move up, if you're bullish and not yet long, it may be a good idea to enter at the retest (if we get one).
RDY | AOTS | Breakout | ATH-RFB: DB breakout, ATH and consolidated at 38.3 fib level prior to breakout.
-TP: Box top
-Exit/Stop loss: -4% or MA breakdown.
$UPS trade the box breakout Darvas MethodPossible 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 Nicolas Darvas method (box break out trading) Great book if you haven't read it.
Alerts set :)
LongStock gave huge breakout with decent volume on buy side. My prediction will be touch 3340 mark.you can take long entry from here.
TATASTLLP - Cup & Handle / Box BreakoutAs on 15-05-2021
Cup & Handle as well as Box Breakout .
Final Target of 1270
Buy above 14th July Candle high
Excellent results
RCF - Multiple BreakoutsAs 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 resistance
Therefore,
First Target @ 100 - 104
SILJ RECTANGLE PATTERNSILJ :
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.
IGL - DARVAS BOX and RSI Positive DivergencePrice 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 Mahindra BANK - DARVAS BOX + RISING RSIKotak 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.
NEVDF Long-term reversalHello 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.
NATIONALUM - Monthly & Weekly chart analysis - Swing TradeThe 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
Traders should do their own study before entering into any trade.
Also checkout my other ideas based on similar setups and their results (ideas linked below)
Feel free to comment for any suggestion or query.
2020 November 04 Pin Bar Trade Idea | JPN225Target Price 25263.84 ; 26701.44
EMA 10 Close 23549.03
EMA 20 Close 23496.56
Low 23501.39
Average Up as a Trading StrategyThe average up strategy provides Huge wins, Small losses and Risk minimized.
Use RANGE-CHART for this, so you could see the Buy setups more easily with less noise or time distortion.
First
You look for a buy setup, one that you believe that price should move rapidly from your starting buy point (you expect ab big relative move).
Second
You add up position. Every trader should use his own risk management based on his account size and what he is comfortable with,
BUT...
The position units you add have to be in the SAME SIZE! If they are not in the same size, the break-even point will not move up as I showed in the chart.
Side note: experience traders can play with the portions of the positions, so they can manipulate the break-even point as they wish...
In the first case on the chart (the idea was wrong), the position stopped out with 3 units of loss.
In the second case on the chart (the idea was right), the price from a certain point moved away from the break-even point,
which means that you were GREEN the whole time in the trade (when you had a relatively big position).
You had "AIR" to hold this huge position.
Many great traders used the average-up strategy: Jesse Livermore, Richard Wyckoff, Nicolas Darvas.
If you are right, you are right in the biggest position possible => you have a huge win of 45 UNITS.
if you are wrong, you are wrong in the small position => you have a small loss of 3 UNITS.
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Bottom-line profit => 42 UNITS of profit $$$$
If you like this educational, let me know in the comments, and like it, so it will be saved on your liked ideas.
Neogen ChemicalsNeogen Chemicals is in a good channel. Let's see when and how it breaks it. I'm sitting on the bullish side with this one. Some people might also call it Darvas Box.
GUJALKALI - DARVAS BOX - Swing TradeThis analysis is purely based on price action and chart pattern.
The analysis is based on weekly/Daily TF, hence it may take price few weeks to months to reach targets.
The analysis is done in live market. hence it would be preferable if position is made near the end of the day.
Through this analysis, a special strategy of how to trade DARVAS BOX is explained.
For similar case of Darvas Box and more understanding, refer to the WIPR, CIPLA, BAJAJ-AUTO analysis - link shared below
Entry can be made either near the closing price or above the high of today's candle if the price sustains the up-move.
Various targets as per different patterns are shown in analysis as well as image.
check the below image for bull flag pattern as well.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
This analysis is purely for education purpose. Kindly do your own study before entering into any trade .
Feel Free to comment for any query and suggestion.
Swedish sterling - darvas box trade patternDarvas box trade explained with Swedish sterling as example.
Where to put on the trade, where to put the stop loss and context.
Context, swedish sterling is a stock with increasing trade volume, in a rising market and in a bullish sector
with news of a recent patent filing to the european patent office.
Swedish sterling
A clean tech company, filing a new patent of Sterling engine which is more efficient in converting to electricity .
The company's latest product - the PWR BLOK 400-F - is a propriatery solution for recycling energy from industrial residual and flare gases and converting these into 100% carbon-neutral electricity at high efficiency.
According to an independent certification, the PWR BLOK is the cheapest way to generate electricity that exists today, yielding greater CO\2\ savings per krona invested than any other type of energy.
#NIFTY .... A Story in one hour boxesIndia's main index, NIFTY 50, hasn't broken down though these one hour boxes, on a closing basis, since the massive selling on December 21, 2020.
A case for long NIFTY continues till the boxes keep getting marked up.
It can't be gainsaid that this is a market, in which one should move with Stop losses on a progressive basis.
