This is my first attempt at TA so be gentle ;)I figured it would...

This is my first attempt at TA so be gentle

I figured it would be a good one as Slick and Zior etc have given us a great idea as to where this is going so I had a lot of guidance to follow.



The blue line following the cup and handle is simply to highlight it, it isn't following it perfectly. From the depth of the cup I have a target of approximately 72.5c. From the fibs however I have a target of 76c at 1.618.

I have made my first ever short term trade today: I got in at 52c. As I am just learning I would not trade anything other than IMU as I am happy to add more shares should my TA fail and the SP drop. Otherwise all other trades will be paper only!

I haven't read through the posts this morning as I wanted to do this TA without any assistance beyond what I've read recently so apologies if lots of people have put up similar posts already. Let me know where I made any mistakes!