NMR native mineral resources holdings limited

my ta thought on nmr, page-4

  1. 18,996 Posts.
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    Since when you got a cup with an upward handle?

    It comes right after the hammock?

    Give me a crayon and wiggle stick and I can give you a chart.

    Again, you know more TA than me but google knows a bit too. Tell me I'm wrong.

    "the handle is the downward move by the security after the upward move on the right side of the cup. If the handle is downward moving, the general rule is that the handle's downward movement can retrace one-third of the gain made in the right side of the cup. During this downward move, a descending trendline can be drawn, which forms the signal for the breakout. A move by the security above this descending trendline is a signal that the prior upward trend is set to begin.


    Read more: http://www.investopedia.com/university/charts/charts3.asp#ixzz1k0CuRqhI
 
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