My take on the C&H. It can last from a couple of weeks to many months. I had initially drawn this one with a shorter time frame on the handle but it broke below it a fair bit when it also broke the short term purple uptrend line but it did not last at those levels so have extended the handle. One thing to note is the handle dropped below the 50% level of the depth of the cup which is a no-no according to many of the purists, I don't really believe this. The white line is my take on the longer term trend even though it spent a couple of weeks below this back in June. Obvious S and R at the even number prices although I believe we have surely left anything below 5 behind for good except for another black swan event. All IMO.
PSL Price at posting:
5.7¢ Sentiment: Buy Disclosure: Held
