chees fj55 Just one view....regarding cup and handle I think they are mean't to be a part of larger trend so tend not to use them as bottoms - if we assume an uptrend has started tho then we can use the ST WBT price rise and falls to get a cup and handle like this with target shown if it reverses here.
another idea at this spot would be an ascending triangle- takes a bit longer to play out but has a higher target...Top of the gap at 3.64 would be an nice overlapping support entry if they wish to aim for that?
Lots of different ways to get to the target but the weekly is the main one I use as it evens out the ST games.
price looking to make another higher low - trapped between overhead resistance and support at the moment - may need the next ann to get the volume to break up?
Charts, page-4424
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$2.35 |
Change
-0.200(7.84%) |
Mkt cap ! $443.6M | |||
| Open | High | Low | Value | Volume |
| $2.56 | $2.58 | $2.31 | $2.702M | 1.119M |
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| No. | Vol. | Price($) |
|---|---|---|
| 7 | 41048 | $2.35 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.37 | 3173 | 1 |
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