Ahjay
It takes delightful folks like yourself to inspire me ...a little good humour is the password bro.....
The prerequisite for a cup and handle is, it must occur in a rising trend ....so we do not have that with PRR however what a cup and a handle is ,a double attempt at an out break following the initial first cup edge that makes a potential triple top outbreak....Its still a very bullish break but just lacks the strength that the start in a rising trend provides...does that make sense....?
anyway here is what you may still feel is a long term cup pattern of sorts...Its actually a rounding bottom of a retrace and If you can smooth out the time a bit and ignore the current volatility it shows a nice rounded bottom recovery...
Please don't patronise me to much as I was wrong about todays continued rise and virtually suggested short term trades should lock in some profits from the .56 gap fill at todays open at .62 ( expecting the gap to back fill....(This Nasdaq gap continuum does my head in a bit, as previously discussed) no news = no reason
Long termers are still looking great in Guppy's Long term MA's....cheers![]()
doji star gazer, page-13
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