Day Trading New Year's Eve Thread, page-203

  1. 9,312 Posts.
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    Absolutely love your enthusiasm @scooter83 and I think DNA is a worthwhile watch as well....... but, the cup and saucer or cup and handle pattern is a bullish continuation pattern after a pause in an uptrend - the first requirement is an existing uptrend - DNA on a daily doesn't have this.


    Not picking but this pattern is widely misunderstood throughout a lot of threads that I just feel the need to correct it at times. I am a bit of a charting grump at times so I hope you don't mind.smile.png


    https://hotcopper.com.au/data/attachments/1396/1396164-c4de07aca4e424493469cdf359c6007d.jpg

 
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