I guess it is all give and take, however a Cup & Handle patter...

I guess it is all give and take, however a Cup & Handle patter forming within a day or two seems like pushing it a bit, when normally the pattern's formation may be as short as seven weeks or as long as 65 weeks. So maybe reconsider that one … https://www.investopedia.com/terms/c/cupandhandle.asp

Today’s CS looks similar to a bullish Hammer, even though the shadow for my liking could be a bit longer. Anyway today’s price action does represent what usually does happen with in a Hammer CS. So let’s see if we get a bullish confirmation tomorrow. Price action today also created an equal low at $1.20 and then it bounced, so I’m thinking bullish Tweezers Bottom. So again we want to see a bullish continuation on that one.
Other then that the body of today’s CS finished up within the rising channel that started at the 87.5c low. If I’m interpreting the above correctly, I would suggest the wave (i) and (ii) of wave i of wave 3 have finished and that wave (iii) of wave I if wave 3 will start tomorrow if it didn’t already. So in short I’m looking forward to tomorrow in order to see a bullish confirmation and with that a rising SP!