$UPS trade the box breakout Darvas Method

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 Nicolas Darvas method (box break out trading) Great book if you haven't read it.

Alerts set :)

تعليق:

Levels played out !