I make the Darvas Box top at 36cents taken from the 9th August (3 days of lower highs follow) and the low of 27.5 from 12th August 3 days of higher lows follow.
Therefore the box was complete on th17th August 27.5/36. It can trade within these two price points.
Darvas would not buy until it broke 36.
My theory, for its worth, is to buy when the box is first formed on the 17th at approx 30c.
The stop loss, I keep a bit below the bottom of the box probably 25 to 26c. It did touch 26.5 twice so could have been stopped out if stop was too close.
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