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lauralea
Oct 4, 2021 2:36 PM

Cup and Handle 

MGM Resorts InternationalNYSE

Description

As a rule their will be resistance at long entry level. Bearish harami at this moment. This daily candle can change by close.
The bearish Harami reversal is recognized if:
The first candle is long and bullish and continues the uptrend;
The second candle is short and its body is completely engulfed by the first candle's body. A third red candle day would form a 3 inside down pattern which is confirmation of the harami 2 candle pattern.

Mid cup is 40.50 and the cup low is 35.72. Cup depth is 9.62.

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Comments
UnknownUnicorn11430563
I was looking this earlyer today. I don't enter today I decide. I thank you for this sharing :)
lauralea
@PuckBunny, URW (o:
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