LYC 1.86% $6.03 lynas rare earths limited

i can smell it, again, <0.03 this month?, page-94

  1. 26,984 Posts.
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    Thanks Mitta, guess the 99% were sell signals, LOL. So, playing along and trying to learn something ... my very brief research tells me the Darvas Box is formed when essentially, SP hits high in a new uptrend then stays below it for 3 days then hits a low and stays above it for 3 days... Or something like that. So you buy when the SP goes back above top of box with a stop loss on old top of box ( and I assume vice versa opening a short if SP goes below bottom of box in a downtrend? )
    Cant quite figure out from what I am just reading though, where I take my profits? So it's not predicting a specific SP or timeframe, is the theory just to ride it until a new box top is formed, ie after it spends 3 days under a new high? If so, OK, I get it, thanks.
 
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