TradingView
mhasky62441
Jan 27, 2021 2:12 PM

Cup and Handle reversal with price target? Share your thoughts Long

Description

We are talking about February 23rd with a price target of 24. The cup and handle are there. (Like if you agree)
What worries me is that the platform is qualifying it as a sell. Although, cup and handles signals a reversal trend, right? What do you guys think?

oh.. Shares of several oil companies are trading lower after Wednesday API data showed a build in US crude oil inventories.

Comment

Update: Technical on Trading View are reflecting a BUY signal.
Comments
shawnj235
Aren't these things analyzed on a semi-log graph?
Effler
I think your cup is too small. I think it should be around the $17.00 range. At least I hope, cause that's how I drew it up and set my target price haha
SMFLORIDA
Now a strong buy - 2/6/2021
More