chart4jake, page-24

Ciggy, here is a link to chart school's explanation of cup and handle. From memory it was Chalea who put me onto chart school way back. it's an excellent site for learning about charting. I am still an L plate charter myself. but from what i understand from this description CVI is ticking most boxes as being a classic cup and handle. Having slightly less depth on the handle would have been better but if I look at daily closes rather than candles then that fits better.

Close enough I say.

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:cup_with_handle