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Profit_charts
Jul 23, 2021 10:23 AM

CUP AND HANDLE PATTERN IN SPARC Long

SUN PHARMA ADVNSE

Description

volume breakout
cup and handle pattern
rsi convergence
HL PATTERN
LOWER supportive trendline
horizontal resistance breakout
levels are mentioned in chart
this is for educational purpose only

Trade closed: stop reached

Comments
Panchalk
My dear, this does not appear to be a cup & Handle pattern...and that is why it did not work...stock has still moved up...it at at 300 today.
Profit_charts
@Panchalk please guide sir why is it so.. thnx
Panchalk
@Profit_charts, I can recommend a book which explains this pattern - William Jiler - How to trade chart patterns ( i think that is the name...check it out on Amazon). Cheers..
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