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
No comments:
Post a Comment