Hello and thanks for reading into this,
IMO we're in the middle of a pattern called "cup and handle"
A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.
A cup and handle are considered a bullish signal extending an uptrend and are used to spot opportunities to go long.
Do you agree with this view, or do you see something else? Let me know, thanks!
Greets,
Doc
IMO we're in the middle of a pattern called "cup and handle"
A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.
A cup and handle are considered a bullish signal extending an uptrend and are used to spot opportunities to go long.
Do you agree with this view, or do you see something else? Let me know, thanks!
Greets,
Doc
KSC