Looks good to me 5hareholder I think the cup is the most...

  1. 741 Posts.
    Looks good to me 5hareholder I think the cup is the most important part of the pattern in the little research I have done.

    I have a share I charted last week called CBD which I thought looked like a cup and handle but after doing some research my cup was to deep. But on a 2 year timeframe you could argue that it is in the last stages of forming a larger cup?

    Currently CBD has a large wall at 16cents to get threw
    My thoughts are that the completion of the cup would be around 19.5 cents then a backtest of what would be support at 16cents would form the handle. Have a look I would be interested in your thoughts
 
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