Have you ever heard of Nicholas Darvas???
Nicolas Darvas was a dancer, self-taught investor and author. He is best known for his book, "How I Made $2,000,000 in the Stock Market." He wrote his book 60 years ago and his methodology still works!
Conformis is a crystal clear example, by looking at the previous time that 20 SMA crossed up 50 SMA you will find out that price in read 206% in 13weeks..!
In the next 12 weeks we will find out if history repeat itself or not???
And I will try to explain his updated method in a video in near future..!
I always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!
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