Sometimes it's really interesting to observe similarities in preceding price action of a particular stock. Take $DNL for instance. You will observe that it took the stock around 26 weeks to consolidate starting from 27 April up to 19 October 2020 before exiting its Darvas box. In its current breakout from its box, the stock took 24 weeks to exit after consolidation from 11 January to 14 June.
Observe also the length of the rally after the breakout. The stock was in an uptrend for 8 to 11 weeks gaining around 42.13%. If similar movement will follow the recent breakout, expect that the stock will have a more or less 8 weeks or 2 months run. A price target of 11.29 will give you similar 42% gain as the previous breakout. However, in order to achieve that, the immediate resistance @ 9.72 must first be broken. For long-term holders, watch out for the resistance @ 12.02.
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