Can this still form into a cup and handle formation? the gap and...

  1. 2,186 Posts.
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    Can this still form into a cup and handle formation? the gap and selling off makes me think the formation won't form here, however it did bounce off the 61.8 fib which coincides with the 200SMA.

    https://hotcopper.com.au/data/attachments/4984/4984669-d7e3dbbdf71cd144a0b50684fc580dd5.jpg
 
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