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â‹… Now HERE is a textbook example of a Cup and Handle that's about to end. I mean if you want to learn some basic trading, here it is.
Cup and handle is a formation that's represented by a U shaped recovery or the cup, followed by a consolidation period representing the handle.
Then we go up
We've been in a historic accumulation area for weeks now.
Volume has absolutely tanked.
Actually every indicator on this chart points to a breakout. Easy catch.
This isn't financial advice. 🤙
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â‹… Get that low hanging fruit while we can boys and girls
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â‹… Chart is looking strongly bullish. Wouldn't be surprised if we get a push up to the next target in the coming weeks - month.
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â‹… Got the next target in our sights, lets go.
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â‹… 3rd target hit