And while I'm blowing off a head of steam, I reckon 95% of the people don't know what a cup & handle chart pattern is.
This is not a C&H....
There is no prior uptrend. There is no consolidation that retains at least the 61% fib of the prior uptrend.
You're looking for the following style of charting pattern in a C&H. A prior uptrend, and somewhat of a retainment of the prior move during the cup formation.
- Forums
- ASX - Day Trading
- DTers after Market Lounge 19th Oct
DTers after Market Lounge 19th Oct, page-55
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online