CAPITALCOM:EKTAB
Nice Cup and Handle formed. Enter LONG trade at the break of the top of the handle. Set stop loss at the bottom of the handle and target the height of the cup starting at the break.
Potential 2:1 LONG ratio
This stock has a alot volume, it currently developed the handle. Cup and Handle is a powerful chart. Lets see where it goes. I bet It will work and alot profit to be seen,
Cup and Handle pattern in Dabur India limited.
A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing...
In this chart you can clearly see the trading range MP is oscillating in. Once we are breaking above the Fib 0.5 with a closed daily candle above it's a confirmation of the completion of the C&H and a clear break out. And from there I would scale in more for a long position. If earnings are okay, we stay within the pink line and oscillate as this is the new channel.
I
NASDAQ:CDEV
This is not financial advice. Just a swing at charting and ideas.
On 4/28, we see the right of the cup. The handle leveled off over the next seven days. Following CDEV's after-market earnings report, on 5/5 the volume spiked and there was a $0.61 gain from previous close price to a high of $4.86.
Price target is $5.50.
If the bullish trend...
Imagine this: 3 years ago on 5/10/2018 investors bought (ZIL) at the previous all time high of 23.55 cents. On 3/9/2020 Zilliqa (ZIL) hit an all time low of .0021 cents! Zilliqa (ZIL) is currently in price discovery searching for a new all time high. This is not financial advice.
About a month ago, I mentioned how DASH had broken out of a descending wedge for DASH/BTC that had been forming since around the beginning of 2020. Now it looks as though a cup and handle pattern has been forming since Valentine's Day 2021 (how lovely) with the handle formation completed (nicely outside of the wedge) and an additional retracement back to the point...
Cup and Handle playing out with the handle now formed its a case of
waiting for the break of this channel and a break through the resistance for
a nice long with 80% targets .
Of course if you are less risk adverse and wish to enter now at your own peril then
I dont rule that out but have a clear Invalidation and SL .
BTC as im sure you know can destroy...
With the Total Value Locked in DEX at record highs (~19.2 Bn), Curve has reserved its second spot in the list with ~$4.8 Bn locked in its protocol.
On a 4 Hour Time Frame, Curve has been forming a Cup and Handle pattern .
Key levels to watch out:-
As depicted in the chart, the resistance is placed at ~$3.3 , Breakout from the pattern may trigger the rally to the...
There was a breakout of cup and handle formation. Now it's correcting itself, so there a good opportunity to buy at this level or you can buy after a breakout of previous green candle. Since it has broke the Cup and handle formation with good volume there is a good probability that it will give a good return in coming future. Plus the fundamentals are very strong,...
