Modified Darvas Box: LRN

One of the gems I took from Darvas and Daryl Guppy's continuation of his work is the concept of a modified Darvas box.  I focus not on the original concept but a version where price consolidates between the high and low of a significant price bar. I wait for a period of price contraction, preferably in the upper range before setting anticipation or break out triggers.  One pattern that stands out right now is LRN.

LRN

Sometimes a stocks past characteristics can lead us to clues about it's future potential.  LRN has had similar patterns in it's recent past.  I've already drawn up my plan of action for this over the weekend and just waiting to see if I'm priced in or not.

Plan of Action