Wednesday, January 17, 2018

Cup with Handle Chart Pattern

Cup with Handle Chart Pattern

The cup with handle pattern is one of the most bullish chart patterns.  It works well on top growth stocks during a market uptrend.  Its a close cousin to the rounding bottom pattern – another very bullish pattern.
As the name suggests, this chart pattern looks like a cup or pan with a handle.  Imagine looking at a pan (with the handle projecting to your right) from the side of the pan and you will see it easily on the chart below. http://bit.ly/2FJPdEr

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