Saturday, September 22, 2018

Stairs


I backtested ANI today as I was practicing how to draw Darvas boxes and this is how it looked like





It is a mix of strong and weak boxes.  It is easy to adjust those boxes and they are quite subjective if you come to think of it.  I could have also merged some of the boxes to create a bigger box.  I wonder how this can help me execute trades.  I was also looking at the behavior of the RSI at each of the box breakouts.  It seems like box breakouts are normally linked to RSI 70 breakouts.  Maybe this can be validated with other uptrend stocks


They look like stairs now

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