Being wary with this one but it is still showing positive signals that it may take off.
Comment:
The "classic" cup and handle pattern has
at least a 30% increase, followed by no more
than a 30% decline, then finishes the cup
over the span of at least 1 month.
The handle will be a pullback of around 5%
followed by a rally
Other positive indicators:
* broke a major down trend
* golden cross on the horizon
* positive earnings
* analysts predictions
* rebounded from acquisition of Bread
* very few bag holders as the price increases
better not bitter
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at least a 30% increase, followed by no more
than a 30% decline, then finishes the cup
over the span of at least 1 month.
The handle will be a pullback of around 5%
followed by a rally
Other positive indicators:
* broke a major down trend
* golden cross on the horizon
* positive earnings
* analysts predictions
* rebounded from acquisition of Bread
* very few bag holders as the price increases