@scottammons1, Thank you, as mentioned it is not typically correct as pattern but it could lead to an upward break . Tnx .
MoRafi
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I don't think that is classified as a cup and handle pattern. Typically your first half circle (cup) is much bigger than your second half circle (the handle). In this instance your second half circle is bigger than your first. Could turn into an inverse head and shoulders though down the line if we retrace back to to the 100s
Glickwarlock
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@MoRafi, true it is not typical but it could still be a good entry for an upward break out, I agree on the inverse H&S if confirmed , ty for the reply .
SouthTrop
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Oil and Miners will be a good idea again once OVX begins trending back down on the 1H
Seems to have cooled off Today, but if the weekend gets crazy with Middle-East. I can see 140s. its has broken above key resistance above 120 and came back to retest that support level Today as investors take profits into the weekend uncertainty. That's what I think this pullback is.
Glickwarlock
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@sixfourtrading, the situation is perhaps too complicated, the attacks are happening right now, I can't say which stocks will "benefit" from them, I'll just observe, thanks for the reply.