I recently closed out a 1.1:1 trade in Rollins. In this video, I describe what I was looking for and why the trade setup worked so nicely. Just a 2 day swing to get paid!
My goal in my video ideas is to help traders become more successful and one of the primary ways to be successful is to NOT LOSE MONEY. One key way to avoid losing money is to avoid earnings risk in otherwise great trading setups.
A Cup With a Handle Pattern is a very reliable pattern. The buy entry should always be 10 cents above the high of the handle. In this example the high was $62.02.
My entry point would be at $62.12 as long as the volume for that day is 40% above the 50 day average volume.