1. The stock price trends upward and results in a significant high price. 2. The stock then pulls back for several weeks or longer, but retains at least half of the prior uptrend’s gains. This is the “cup” when looking at a daily or weekly chart. 3. A renewed uptrend fails at the prior high, and the stock price levels off at or downtrends slightly below that high price. This is the “handle.”
Lets see now if it breaks up or down Short term - 57k
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