II20 ALU chart revisited

Hello and welcome to my blog.

This is not a recommendation to buy or sell any of the stocks discussed on this blog. Due diligence is your responsibility. If you need professional investment advice then find a professional.

In the post of II07 I presented ALU as an example of using the clearing of all the DARVAS BOX bottoms as a possible entry signal. ALU is presented again but with a revised chart format. Almost the same but a little more fleshed out, an ALL CLEAR signal is now more distinct. This ALL CLEAR signal is now presented in the revised spreadsheet which I post daily.

In the earlier example I also looked at how the solid orange horizontal line could possibly be used as an exit point. An exit based on this criteria took place but was followed almost immediately by an ALL CLEAR entry signal. In this case an entry stop would have been placed at the dotted DARVAS BOX bottoms since these have the closest proximity.

So far the stock has performed alright. Remember though to "think wrong until proven correct".

Thank you for your time.