YoungMula
Long

Cup and Handle ?

NASDAQ:MGNX   MACROGENICS INC
49 2 1
Neckline at $40
I hope you can post when it goes through. It looks like it sure is close. I'd call it a giant base, because a cup&handle officially happens after a substantial rally. Either way, thanks for pointing it out. Note when there is a trade together with a stop loss and a target price (or open target).
+1 Reply
Usually I will give a target but not a stop loss since people have different risk/reward tolerances. Just wanted to publish the potential cup and handle as a note to see if it does play out. We will know soon
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