dorfmanmaster

Teradyne - Cup & Handle + Measured Move

Long
NASDAQ:TER   Teradyne, Inc
Teradyne made a cup & handle , which continues to see strength.

Cup & Handle -- Measured Move
Making a measured move from the floor of the cup, to the resistance which was all time highs, we get a 18 points (12% aprox.) potential move.

Trade
Would follow the 5sma (green line) to take profits for 50% of my position, the other 50% if it takes the Resistance 1 level.


There are also other semiconductors making ATH , which is adding to the strength in the industry overall.