WY - 50 SMA Breakout and Darvas Box Setup
Weyerhaeuser Company BATS:WY
💡 Swing setup idea
Darvas box breakout
🔎 Analysis summary:
The price is moving above the 50 SMA and is closing a large Darvas box structure. We can also see buyers volume starting to step in, which helps support the move.
👀 Levels to watch:
Entry trigger: Break above $25.70
Target: $28.78
Stop: Under the breakout level
💬 What do you think about this setup? Let me know in the comments! 👇
Good luck!
⚠️ Note: This is for educational purposes only and is not financial advice.