"Cup and Handle" pattern identified on Urban One's ( UONE ) daily chart .
Position-No position entered at time of pattern recognition
Stance-NEUTRAL until the handle breaks at the top or bottom.
My intended play- I will take it to the upside if the price goes beyond the top of the handle. However, I will do the opposite if price breaks the bottom of the handle.
*Note of importance- Please keep in mind that Urban One has earnings May 5, 2022.
*******THIS IS NOT FINANCIAL ADVICE*******THIS IS NOT FINANCIAL ADVICE*******THIS IS NOT FINANCIAL ADVICE*******
Position-No position entered at time of pattern recognition
Stance-NEUTRAL until the handle breaks at the top or bottom.
My intended play- I will take it to the upside if the price goes beyond the top of the handle. However, I will do the opposite if price breaks the bottom of the handle.
*Note of importance- Please keep in mind that Urban One has earnings May 5, 2022.
*******THIS IS NOT FINANCIAL ADVICE*******THIS IS NOT FINANCIAL ADVICE*******THIS IS NOT FINANCIAL ADVICE*******