Everything about the pattern checks out. You can also see candle stick pattern.
- A is a technical chart pattern that resembles a where the cup is in the shape of a "u" and the handle has a slight downward drift.
- A is considered a signal extending an uptrend, and is used to spot opportunities to go long.
- Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern.
Reversal may begin here. We need to see higher volume tomorrow.