Cup & handle that’s been formed since January. After an insider sell (sept 16) the price dropped a bit, but then after, an increase in volume, and it then broke the resistance line
Guj gas give a breakout of cup handle pattern in 1day time frame now it retested it . Buy guj gas at 500 Target 534 559 578 Sl 475
Carborundum was give a very good breakout of major resistance and cup handle pattern which give a very bullish signals buy it . Today it close above 920 but tomorrow market open with gap down which give us opportunity soo buy it . Buy carborundum at 884-918 Target 962 1012 1034 Sl 808 650 for the longterm players Long term Target 1200 1500 1800
Canslim IBD A+ stock broke handle. If market good tomorrow. Classic cup and handle
thats a weird one actually its not a idea , i just need your opinions. comment your fundamentalies idea.
The health care industry is being leading the charge, NASDAQ:AMLX is the proof of that. This recent IPO just broke out of a good looking cup & handle pattern. Also, IBD is giving a 99 relative strength rating. So, I enter today with a small position. A "pilot position", as Mark Minervini would say. The market is still under pressure so I'm testing it. As this...
On the daily chart, TSLA has formed a cup and handle beginning about May 5th, the prior reported earnings, The cup portion completed with the recent earning about August 5th while the handle is completed this week. The cup is about $280 in height/depth while the time duration is about 90-95 days in duration. This predicts a bullish continuation from the...
A cup and handle formation has emerged in a great fashion. The target of 13.600 was chosen as the distance between the top of the cup to the bottom. Feel quite crazy setting a target of 13.600 for $NATGAS, but I'm also advising what the chart is telling me based on technicals. But considering the current climate, from inflation, poor energy plans, Russia etc it...
CVNA built a cup base formation over 2.5 months before breaking up a minor neckline@34 on 5 Aug with very high volume. It has also since broken above another neckline @ 47 and the trend is clearly up now. Any near term retracement should not go below 42 Manage positions with trailing stops. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own...
Cup and Handle on the macro (1 week timeframe) , will we get a 2x /?
Hi All, My thoughts for now, giving you reasons why it aligns with the cup and handle scenario. I talk about the bullish targets, and also the bearish scenario. Please give me a like and share, All the best, S.SAri
Broke out of a cup base @ 80 on 18 July, then pulled back and retested this neckline which now affirmed that this resistance has now become support. Time to buy the dips (as long as it does not close below 80). RSI >60 showing good strength. However, be mindful that earnings is expected out tomorrow. Should there be a dip after earnings (but staying >80), it...
A small #shortsqueeze seems to have already occurred for $BTC, with a false break of the support trend bringing in shorts and either stopping them out or liquidating a low volume of orders. I have not shown the RSI's on here as they are both at mid-levels (50/50 chance of moving up or down), however the may be overheating slightly. This could mean a second...
This can be best viewed on the weekly. It is currently retracing down building a mini handle, if this breaks to the upside the measured height of this cup would be a large percentage profit target. $dxy looks topped out and bearish along with the stock market and crypto currencies. Could gold make a comeback and outshine the rest of the market? The possibility is...
Cup and handle (or Cup without handle) are continuation patterns (of the prior trend). VET was in an uptrend before it went into a 3 month consolidation forming a "Cup" pattern. It finally broke above the neckline yesterday on STRONG volume (strong volume breaks tend to be more sustainable). Expecting near term target around 29.80 +/- with initial stop loss...
Entry: $43.30 SL: $41.00 (loss 5.50 %) (visual only, close if daily closing price below) (but also a good investment) TP: $55.70 (profit 28.4 %, ratio 5.1) Hello Traders and Investors, in my opinion, this setup also offers both a very good trading and a good investment opportunity. The price formed a cup formation (without a handle) and is just about to break...
Beyond Meat ( NASDAQ:BYND ) In A Cup? No of course not! Beyond Meat ( NASDAQ:BYND with a cup on its chart? Yes! BYND has been in a downward trend since the beginning of the year. I discovered two factors that led me to believe that the stock will begin an upward trend. 1. Cup on the daily timeframe 2. Bullish Divergence On a non-technical note, Beyond Meat...
Did You Get A "Cup and Handle" from Primerica ( NYSE:PRI )? I got my cup and handle on Primerica! Peace & Prosperity, Al