Square Box Chart Pattern And Real Examples

Here’s a New Base We’ve Dubbed a Square Box

After moving up from a cup with handle or double bottom, this formation typically lasts from four to seven weeks; doesn’t correct too much, usually only 10% to 15%; and has a square, boxy look. I’ve noted this over recent years, but finally we’ve studied, measured, and classified it. Here are some examples: Lorillard, Korvette, Texas Instruments, Home Depot, Dell, and Taro.