Redington Darvas box

Redington is consolidating in a range from 140 to 178 from past 8 months.
It is kind of flagpole pattern. Seems very bullish if it sustains above 180. A weekly closing above 175 can be a sign of breakout as well. RSI is becoming stronger.
consolidationdarvasboxFlagflagpolesREDINGTONrsibreakoutTrend Analysis

Also on:

Disclaimer