Detected 19-Apr (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 19-Apr.
CPU represents a potential bullish opportunity should momentum continue and newer highs be made.
Entry conditions (once third candle above the low of the Darvas box is formed):
(i) breach of the upper confines of the Darvas box formation - i.e.: above high of $28.43 of 12th April (most conservative entry), or
(ii) swing up of indicators such as DMI/RSI along with a test of prior resistance level of $27.77 from 10th November 2022.
Stop loss for the trade (based upon the Darvas box formation) would be:
(i) below the support level from the low of 17th April (i.e.: below $27.49).
CPU represents a potential bullish opportunity should momentum continue and newer highs be made.
Entry conditions (once third candle above the low of the Darvas box is formed):
(i) breach of the upper confines of the Darvas box formation - i.e.: above high of $28.43 of 12th April (most conservative entry), or
(ii) swing up of indicators such as DMI/RSI along with a test of prior resistance level of $27.77 from 10th November 2022.
Stop loss for the trade (based upon the Darvas box formation) would be:
(i) below the support level from the low of 17th April (i.e.: below $27.49).
Order cancelled:
UPDATE (week ending 26-Apr): Failure of Darvas box setup prior to activation (no trade, remove from watchlist).
Detailed commentary about this trade available here:
- www.youtube.com/watch?v=9M3D2og5xKs (Stocks and bonds - latest scans timestamped in comments)
- www.youtube.com/watch?v=_fG2hyV0Cd8 (Crypto review)
Like/subscribe for the latest!
- www.youtube.com/watch?v=9M3D2og5xKs (Stocks and bonds - latest scans timestamped in comments)
- www.youtube.com/watch?v=_fG2hyV0Cd8 (Crypto review)
Like/subscribe for the latest!