CCU 0.00% 5.8¢ cobar consolidated resources limited

broken through .30, page-5

  1. 2,213 Posts.
    Guys I am sorry but I fail to see a "tea cup" formation. Whilst CCU is definitely begining a pro-tracted uptrend for a tea cup formation the price ahall have to run up to the November high last year to form the "cup" and then retrace a minimum one third of the height to form the handle.
    A tea cup formation is a continuation pattern and the side must be of near equal height.
 
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