Bullish & Bearish Patterns 📈

Hello Friends 🤗

Here is my filter to identify short term breakout in #stocks

Save it & Make a part of your trading tool

Darvas Box Theory Simplified📒

🔵Its a trading strategy developed by Nicolas Darvas
🔵It targets the #stocks which are hitting new highs with rising volumes
🔵It works well in bullish markets
🔵Darvas Box covers lows & highs of a stock moving in a range for certain period

1/n

Darvas Box Theory Simplified📒

🔵Search for all the #stocks which are moving in a certain range with excellent fundamentals
🔵Then cover that range bound move with box called DARVAS BOX
🔵Apply Fibbonacci extensions once any stock breaks the upper or lower range of the BOX

2/n

Darvas Box Theory Simplified📒

💡Case Study- #Abbott
🔵Use weekly chart to capture big moves & Daily chart for small moves
🔵We need ultimate PATIENCE in trade if we use this strategy
🔵Abbott broke out the box with volumes & gave 4500 pts move

End of Thread
Thanks 🙏

Hello Friends 🤗

Here is a link of screener to filter out Techno Funda #Stocks

Save it in your research tool kit folder 📂

#StockMarketScientist