Epke
Long

Another perfect cup and handle pattern chart

NASDAQ:HTBX   HEAT BIOLOGICS INC
75 2 0
I have no position in $HTBX because I'm in $WGBS but this one is forming a great cup and handle pattern.
If this can break 1.41 this will run crazy
Thank you for your information.. but it had nearly the same or the same spike potential like a "real" cup and handle pattern..
Today it broke 1.41 and went up to 1.90 congrats to all who bought down there.
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This is called a high handle. Your left cup is at 1.18 and your handle starts at 1.40 which 18% above the left cup. William O'Neal, who first identified this pattern, said that for a high handle the handle should be no more than 5% above the left cup, so according to his guidelines, this is not a valid cup and handle. I see you like identifying cup and handle chart patterns, so take a look at http://www.breakoutwatch.com, we identify many of them every day.
Mike Gibbons ((mike@breakoutwatch.com))
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